NiSource reports Q1 2024 GAAP EPS of $0.77, up from $0.71, and reaffirms 2024 guidance
NiSource reported first quarter 2024 GAAP net income available to common shareholders of $344.3 million, or $0.77 per diluted share, up from $319.2 million, or $0.71 per share, a year earlier. The company reaffirmed its 2024 adjusted EPS guidance of $1.70-1.74 and raised its 2024-2028 base capital expenditure plan to $16.4 billion, a $400 million increase, without incremental equity issuance.
Key points
- Q1 2024 GAAP net income available to common shareholders was $344.3 million, or $0.77 per diluted share, versus $0.71 a year earlier
- Q1 2024 adjusted EPS was $0.85, compared with $0.77 in Q1 2023
- 2024 adjusted EPS guidance of $1.70-1.74 reaffirmed; 2023-2028 adjusted EPS growth of 6-8% a year reaffirmed
- 2024-2028 base capital expenditure plan increased to $16.4 billion from $16 billion
The filing
Written by AI on Nov 8, 2026, 12:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.