NiSource (NI) Reports Q4 Earnings: $0.51 PS Surpasses Estimates

NiSource Inc. (NI) reported fourth-quarter net income of $257.8 million, or 53 cents per share, with adjusted earnings at 51 cents per share. Revenue for the quarter totaled $1.9 billion, with adjusted revenue of $1.89 billion. Results exceeded the average estimate of 49 cents per share among three analysts surveyed by Zacks Investment Research. For the full year, NiSource reported profit of $929.5 million, or $1.95 per share, with revenue of $6.61 billion. The company expects full-year earnings in the range of $2.02 to $2.07 per share.