NiSource Q4 Earnings Surpass Estimates, 2025 EPS Guidance Raised

NiSource NI reported fourth-quarter 2024 operating earnings per share (EPS) of 49 cents, which topped the Zacks Consensus Estimate of 47 cents by 4.3%. However, the bottom line decreased 7.5% from the year-ago quarter’s recorded figure of 53 cents.Find the latest earnings estimates and surprises on Zacks Earnings Calendar.On a GAAP basis, the company reported an EPS of 47 cents compared with 50 cents in the prior-year quarter.NI reported earnings of $1.75 for 2024 compared with $1.60 per share in 2023, which reflects a year-over-year increase of 9.4%.NI’s Total Revenues Operating revenues of $1.6 billion beat the Zacks Consensus Estimate of $1.45 billion by 10%. The top line also increased 11.3% from the prior-year quarter’s figure of $1.44 billion.NI reported total revenues of $5.52 billion for 2024 compared with $5.57 billion in 2023, which reflects a year-over-year decrease of 0.9%.NiSource, Inc Price, Consensus and EPS Surprise NiSource, Inc price-consensus-eps-surprise-chart | NiSource, Inc QuoteHighlights of NI’s Earnings Release Total operating expenses amounted to $1.17 billion, up 10.5% from the year-ago quarter’s level of $1.06 billion.Operating income totaled $426.6 million, up 13.5% from the year-ago figure of $376 million.Net interest expenses amounted to $137 million, down 2.8% from the prior-year quarter’s $141 million.Total gas distribution in Sales and Transportation was recorded at 164 Million British Thermal Units per day (MMDth), up 2.4% from the prior-year quarter’s 160.2 MMDth.Total electric sales were recorded at 3,836.9 gigawatt-hours (GWh), up 6.4% from the prior-year quarter’s 3,604.6 GWh.NI’s Financial Update NiSource's cash and cash equivalents as of Dec. 31, 2024 were $0.157 billion compared with $2.25 billion as of Dec. 31, 2023.Long-term debts (excluding those due within a year) as of Dec. 31, 2024 were $12.07 billion compared with $11.06 billion as of Dec. 31, 2023.Net cash flows from operating activities in 2024 were $1.78 billion compared with $1.94 billion in 2023.NI’s 2025 Guidance The company raised 2025 non-GAAP earnings to the band of $1.85-1.89 from the 1.84-1.88 band projected earlier. The Zacks Consensus Estimate is pegged at $1.86 per share, which is lower than the midpoint of the company’s guided range.NI expects to witness an earnings CAGR of 6-8% through 2029. It expects capital expenditures of $19.4 billion for the 2025-2029 period.NI’s Zacks Rank NiSource currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Recent Releases CMS Energy Corporation CMS reported fourth-quarter 2024 earnings per share (EPS) of 87 cents, which beat the Zacks Consensus Estimate of 86 cents by 1.2%. However, the bottom line decreased 17.1% from $1.05 per share in the prior-year quarter.Operating revenues totaled $1.99 billion, which lagged the Zacks Consensus Estimate of $2.14 billion by 7.1%. However, the top line increased 2% from $1.95 billion in the prior-year quarter.WEC Energy Group WEC reported fourth-quarter 2024 earnings of $1.43 per share, which missed the Zacks Consensus Estimate of $1.44 by 0.7%. However, the bottom line increased 30% from the year-ago quarter’s $1.10.Operating revenues of $2.28 billion missed the Zacks Consensus Estimate of $2.6 billion by around 12.1%. The top line increased 2.7% from $2.22 billion recorded in the year-ago quarter.Xcel Energy Inc. XEL reported fourth-quarter 2024 operating earnings of 81 cents per share, which lagged the Zacks Consensus Estimate of 87 cents by 6.9%. The bottom line also decreased 2.4% from the year-ago quarter’s figure of 83 cents.Revenues of $3.12 billion missed the Zacks Consensus Estimate of $3.72 billion by 16.1%. The figure also declined 9.3% from the year-ago quarter’s $3.44 billion.Zacks Names #1 Semiconductor StockIt's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Xcel Energy Inc. (XEL): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report WEC Energy Group, Inc. (WEC): Free Stock Analysis Report CMS Energy Corporation (CMS): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks