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NiSource (NI) Earnings and Revenues Beat Estimates in Q4

NiSource Inc (NI - Free Report) delivered operating earnings of 38 cents per share in fourth-quarter 2018, beating the Zacks Consensus Estimate of 37 cents by 2.7%. Earnings increased 15.2% from the year-ago quarter’s tally.

On a GAAP basis, the company reported a loss of 5 cents compared with a loss of 16 cents in the year-ago quarter.

In 2018, NiSource generated earnings of $1.30, up from $1.21 delivered in 2017.

Total Revenues

NiSource generated total net revenues of $1,453.1 million in fourth-quarter 2018, which beat the Zacks Consensus Estimate of $1,400 million by 3.8%. Revenues increased from $1,361.4 million in the year-ago quarter.

In 2018, NiSource generated revenues of $5,084 million, up from $4,904.8 million in 2017.

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https://www.zacks.com/stock/news/355803/...ates-in-q4

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