21.02.2024 12:36:28 - dpa-AFX: NiSource Inc. Q4 Profit Decreases, misses estimates
WASHINGTON (dpa-AFX) - NiSource Inc. (NI) revealed earnings for fourth
quarter that decreased from last year and missed the Street estimates.
The company's bottom line totaled $225.6 million, or $0.50 per share. This
compares with $230.8 million, or $0.52 per share, in last year's fourth quarter.
Excluding items, NiSource Inc. reported adjusted earnings of $239.3 million or
$0.53 per share for the period.
Analysts on average had expected the company to earn $0.54 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
NiSource Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $225.6 Mln. vs. $230.8 Mln. last year.
-EPS (Q4): $0.50 vs. $0.52 last year.
-Analyst Estimates: $0.54
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