NiSource Reports Second Quarter 2020 Results

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Go back to NiSource Reports Second Quarter 2020 Results

NiSource (NI) Tops Q2 EPS by 5c; Offers FY20 EPS Mid-Point Guidance Above Consensus

August 5, 2020 6:41 AM EDT

NiSource (NYSE: NI) reported Q2 EPS of $0.13, $0.05 better than the analyst estimate of $0.08.

"2020 is a transitional year for NiSource," said NiSource President and CEO Joe Hamrock. "As we mitigate the impacts of the COVID-19 pandemic, and complete the sale of Columbia Gas of Massachusetts, we continue to execute on our strong core growth plan while repositioning for enhanced execution in our key focus areas. We continue to invest in our asset modernization and safety enhancement programs while advancing our transition to renewable generation. To build on these transformational efforts, we have accelerated the... More