NiSource (NI) Reports In-Line Q3 EPS; Offers FY17 & FY18 EPS Outlook

NiSource (NYSE: NI) reported Q3 EPS of $0.07, in-line with the analyst estimate of $0.07.

"Our teams continue delivering value for our customers, communities and investors through successful execution of our utility infrastructure investment programs," said NiSource President and CEO Joe Hamrock. "We continue to expect to deliver non-GAAP net operating earnings of $1.17 to $1.20 per share for 2017, and for 2018 we are initiating non-GAAP net operating earnings guidance of $1.26 to $1.32 per share. Consistent with the multi-year capital plan we previously announced, our 2017 capital program is on track for investments of $1.6 to $1.7 billion, and our 2018 capital investments are projected to be $1.7 to $1.8 billion."

GUIDANCE:

NiSource sees FY2017 EPS of $1.17-$1.20, versus the consensus of $1.19.

NiSource sees FY2018 EPS of $1.26-$1.32, versus the consensus of $1.26.

For earnings history and earnings-related data on NiSource (NI) click here.

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