NiSource: 3Q Earnings Snapshot
MERRILLVILLE, Ind. (AP) _ NiSource Inc. (NI) on Wednesday reported third-quarter net income of $6.6 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Merrillville, Indiana-based company said it had net income of 2 cents. Earnings, adjusted for one-time items, came to less than 1 cent on a per-share basis.
The energy holding company posted revenue of $931.5 million in the period.
NiSource expects full-year earnings in the range of $1.27 to $1.33 per share.
NiSource shares have climbed roughly 8% since the beginning of the year, while the Standard & Poor’s 500 index has risen 21%.