AI brief of an SEC Form 8-K · NiSource (NI)

NiSource Q3 net income rises to $85.7 million; reaffirms 2024 adjusted EPS guidance

Positive Impact 3 of 5 earnings Written later

NiSource reported third-quarter 2024 GAAP net income available to common shareholders of $85.7 million, or $0.19 per diluted share, up from $77.0 million, or $0.17, a year earlier. It reaffirmed 2024 non-GAAP adjusted EPS guidance of $1.70-1.74 and introduced 2025 adjusted EPS guidance of $1.84-1.88, with a 2025-2029 base capital expenditure plan of $19.3 billion, which the company said is about $2.9 billion larger than its prior 5-year plan.

Key points

  • Q3 2024 GAAP EPS of $0.19 versus $0.17 in Q3 2023; non-GAAP adjusted EPS of $0.20 versus $0.19
  • Nine-month 2024 GAAP net income of $515.8 million, or $1.14 per diluted share, versus $436.1 million, or $0.98, in 2023
  • 2024 adjusted EPS guidance of $1.70-1.74 reaffirmed; 2025 adjusted EPS guidance of $1.84-1.88 introduced
  • Company extends expected 6-8% annual adjusted EPS growth through 2029 on 8-10% rate base growth for 2025-2029

The filing

CompanyNiSource (NI)
Form8-K, current report
Filed with the SECOct 30, 2024, 6:33 AM ET
Accession number0001111711-24-000041

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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 October 30, 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.