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Sep 30, 2022
Nisource Q3 2022 Earnings Report
NiSource reported mixed results with GAAP EPS flat year-over-year but narrowed 2022 earnings guidance and initiated 2023 guidance.
Key Takeaways
NiSource announced third quarter 2022 results with net income available to common shareholders of $52.0 million, or $0.12 diluted earnings per share, compared to $49.4 million, or $0.12 diluted earnings per share, for the same period of 2021. The company narrowed its 2022 non-GAAP diluted net operating earnings per share (NOEPS) guidance to $1.44 to $1.46 and initiates 2023 guidance of $1.50 to $1.57 non-GAAP diluted NOEPS.
2022 guidance narrowed, 2023 guidance initiated
Regulatory agenda progress continues with electric rate case filed in Indiana, settlement reached in Ohio
Investor Day event scheduled to provide details of the NiSource long-term plan extension
Safety, reliability, customer affordability and sustainability remain top priorities
Forward Guidance
NiSource narrows its 2022 non-GAAP diluted net operating earnings per share (NOEPS) guidance to $1.44 to $1.46. The company also initiates 2023 guidance of $1.50 to $1.57 non-GAAP diluted NOEPS, consistent with its previous 5-7% annual growth commitment.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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