Every material Form 8-K NiSource filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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
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.
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
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.
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
NiSource said director Aristides S. Candris retired from its board effective March 19, 2024, and that the board appointed John McAvoy as a director the same day. The company said Candris's retirement was not due to any disagreement on its operations, policies or practices, so the change is a board succession event rather than a sign of internal dispute.
Aristides S. Candris retired from the board effective March 19, 2024, after serving as a director since 2012
John McAvoy, 63, was appointed a director effective March 19, 2024, and will stand for election at the 2024 Annual Meeting
McAvoy will join the Compensation and Human Capital Committee and the Safety, Operations, Regulatory and Policy Committee
McAvoy will receive an annualized director retainer of $275,000, including $110,000 in cash and restricted stock units valued at $165,000
NiSource Inc. disclosed that Executive Vice President and Chief Innovation Officer Donald Brown will depart the company, with a separation date on or before May 1, 2024 and an expected last day of April 1, 2024. Brown signed a separation agreement dated March 15, 2024, under which he receives a lump sum equal to his annual salary plus 130% of the cost of 52 weeks of COBRA coverage, subject to signing a release of claims. The filing describes the terms as consistent with the company's Executive Severance Policy, so the departure appears routine for shareholders.
Donald Brown, EVP and Chief Innovation Officer, departs; last day expected April 1, 2024
Separation Date on or before May 1, 2024; departure was first reported February 19, 2024
Severance: lump sum of annual salary plus 130% of 52 weeks of COBRA coverage, conditioned on a release of claims
Full Separation Agreement dated March 15, 2024 filed as Exhibit 10.1
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every NiSource filing is on SEC EDGAR ↗. 8-K briefs of other companies →