NiSource Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y

NiSource NI reported first-quarter 2025 operating earnings per share (EPS) of 98 cents, which topped the Zacks Consensus Estimate of 90 cents by 8.9%. The bottom line increased 15.3% from the year-ago quarter’s recorded figure of 85 cents. (See the Zacks Earnings Calendar to stay ahead of market-making news.)On a GAAP basis, the company reported an EPS of $1 compared with 77 cents in the prior-year quarter. The difference between GAAP and non-GAAP earnings is due to a 2-cent impact of one-time items.NI’s Total RevenuesOperating revenues of $2.18 billion beat the Zacks Consensus Estimate of $1.86 billion by 17.5%. The top line also increased 27.9% from the prior-year quarter’s figure of $1.70 billion.NiSource, Inc Price, Consensus and EPS Surprise  NiSource, Inc price-consensus-eps-surprise-chart | NiSource, Inc QuoteHighlights of NI’s Earnings ReleaseTotal operating expenses amounted to $1.42 billion, up 26.8% from the year-ago quarter’s $1.12 billion.Operating income totaled $759.4 million, up 30.2% from the year-ago figure of $583.4 million.Net interest expenses amounted to $132.8 million, up 14.2% from the prior-year quarter’s $116.3 million.Total gas distribution in Sales and Transportation was recorded at 230.9 Million British Thermal Units per day (MMDth), up 11.4% from the prior-year quarter’s 207.3 MMDth.Total electric sales were recorded at 4,011.7 gigawatt-hours (GWh), up 9.9% from the prior-year quarter’s 3,648.9 GWh.NI’s Financial UpdateNiSource's cash and cash equivalents as of March 31, 2025, were $0.26 billion compared with $0.157 billion as of Dec. 31, 2024.Long-term debts (excluding those due within a year) as of March 31, 2025, were $12.83 billion compared with $12.07 billion as of Dec. 31, 2024.Net cash flows from operating activities in the first quarter of 2025 were $686.4 million compared with $456.2 million in the first quarter of 2024.NI’s 2025 GuidanceThe company reaffirmed its 2025 non-GAAP earnings in the band of $1.85-$1.89 per share. The Zacks Consensus Estimate is pegged at $1.87 per share, which is on par with 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 RankNiSource currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Recent ReleasesCMS Energy Corporation CMS reported first-quarter 2025 EPS of $1.02, which missed the Zacks Consensus Estimate of $1.05 by 2.9%.CMS’ long-term (three to five years) earnings growth is currently pegged at 7.84%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $3.59, reflecting year-over-year growth of 7.49%.WEC Energy Group WEC posted first-quarter 2025 earnings of $2.27 per share, which surpassed the Zacks Consensus Estimate of $2.19 by 3.7%.WEC’s long-term earnings growth is currently pegged at 6.95%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $5.24, reflecting year-over-year growth of 8.49%.Xcel Energy Inc. XEL reported first-quarter 2025 operating earnings of 84 cents per share, which lagged the Zacks Consensus Estimate of 93 cents by 9.7%.XEL’s long-term earnings growth is currently pegged at 7.52%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $3.81, reflecting year-over-year growth of 8.86%.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>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 ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks