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Jun 30, 2024
Nisource Q2 2024 Earnings Report
NiSource reported strong earnings results and reaffirmed 2024 non-GAAP adjusted EPS guidance.
Key Takeaways
NiSource announced second quarter results with a net income of $85.8 million, or $0.19 of earnings per diluted share. The company reaffirmed its 2024 adjusted EPS guidance of $1.70-1.74, annual 6-8% adjusted EPS growth, and annual 8-10% rate base growth for the 2023-2028 period. The 2024-2028 base capital expenditure plan is $16.4 billion.
Net income available to common shareholders for Q2 2024 was $85.8 million, or $0.19 per diluted share.
Non-GAAP adjusted net income for Q2 2024 was $94.7 million, or $0.21 of adjusted EPS.
NiSource reaffirmed 2024 adjusted EPS guidance of $1.70-1.74.
The company reaffirmed annual 6-8% adjusted EPS growth and annual 8-10% rate base growth for the 2023-2028 period.
Nisource
Nisource
Forward Guidance
NiSource is reaffirming 2024 adjusted EPS guidance of $1.70-1.74 as well as annual 6-8% adjusted EPS growth and annual 8-10% rate base growth* for the 2023-2028 period.