NiSource Q2 GAAP profit rises to $85.8 million; 2024 adjusted EPS guidance reaffirmed
NiSource reported second quarter 2024 results, with GAAP net income available to common shareholders of $85.8 million, or $0.19 per diluted share, up from $39.9 million, or $0.09, a year earlier. Adjusted EPS was $0.21 versus $0.11, and the company reaffirmed its 2024 adjusted EPS guidance of $1.70-1.74 and its 6-8% annual adjusted EPS growth target for 2023-2028.
Key points
- Q2 2024 GAAP net income available to common shareholders: $85.8 million, $0.19 per diluted share, versus $39.9 million, $0.09, in Q2 2023
- Q2 2024 adjusted net income available to common shareholders: $94.7 million, $0.21 adjusted EPS, versus $50.3 million, $0.11, in Q2 2023
- 2024 adjusted EPS guidance of $1.70-1.74 reaffirmed; 2024-2028 base capital expenditure plan is $16.4 billion
- Six months ended June 30, 2024 GAAP EPS was $0.95, versus $0.80 a year earlier
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 August 07, 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.