NiSource Q3 Earnings Lag Estimates, Revenues Rise Y/Y, Capex Up

NiSource Inc. NI has reported third-quarter 2025 operating earnings per share (EPS) of 19 cents, which missed the Zacks Consensus Estimate of 20 cents by 5%. The bottom line was lower than the year-ago quarter’s earnings by a penny. On a GAAP basis, the company reported an EPS of 20 cents compared with 19 cents in the prior-year quarter.NI’s Total RevenuesOperating revenues of $1.28 billion beat the Zacks Consensus Estimate of $1.17 billion by 8.6%. The top line also increased 18.3% from the prior-year quarter’s figure of $1.08 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 $0.98 billion, up 13.7% from the year-ago quarter’s $0.86 billion.Operating income totaled $297.5 million, up 36.3% from the year-ago figure of $218.3 million.Net interest expenses amounted to $179.8 million, up 33.6% from the prior-year quarter’s $134.6 million.Total gas distribution in Sales and Transportation (excluding weather) was recorded at 100.2 Million British Thermal Units per day (MMDth), up 3.5% from the prior-year quarter’s 96.8 MMDth.Total electric sales (excluding weather) were recorded at 4,621.6 gigawatt-hours (GWh), up 0.8% from the prior-year quarter’s 4,587.1 GWh.NI’s Financial UpdateNiSource's cash and cash equivalents as of Sept. 30, 2025, were $95 million compared with $156.6 million as of Dec. 31, 2024.Long-term debts (excluding those due within a year) as of Sept. 30, 2025, were $14.47 billion compared with $12.07 billion as of Dec. 31, 2024.Net cash flows from operating activities in the first nine months of 2025 were $1.65 billion compared with $1.24 billion in the first nine months of 2024.NI’s liquidity as of Sept. 30, 2025, was nearly $3 billion, which is sufficient to meet near-term obligations.NI’s 2025 GuidanceThe company reaffirmed 2025 non-GAAP earnings of $1.85-$1.89 per share, and expects 2026 non-GAAP earnings in the range of $2.02-$2.07. The Zacks Consensus Estimate for 2025 and 2026 earnings per share is pegged at $1.88 and $2.03 per share, respectively, which are within the company’s guided range.NI expects to witness an earnings CAGR of 6-8% through 2030.It expects a capital expenditure of $28 billion for the 2026-2030 period. The newly consolidated capital expenditure plan totals $28 billion, nearly $8.6 billion higher than the previous five-year plan, driven largely by $7 billion in strategic investments for data centers.NI’s Zacks RankNiSource currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Recent ReleasesFirstEnergy Corp.  FE reported third-quarter 2025 operating earnings of 83 cents per share, which beat the Zacks Consensus Estimate of 76 cents by 9.2%.FE’s long-term (three to five years) earnings growth is pegged at 6.46%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $2.53, indicating a year-over-year decline of 3.8%.NextEra Energy NEE posted third-quarter 2025 adjusted earnings of $1.13 per share, which surpassed the Zacks Consensus Estimate of $1.04 by 8.65%. NEE’s long-term earnings growth is currently pegged at 8.04%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $3.68, indicating year-over-year growth of 7.29%.CenterPoint Energy, Inc. CNP reported third-quarter 2025 adjusted earnings of 50 cents per share, which surpassed the Zacks Consensus Estimate of 46 cents by 8.7%.CNP’s long-term earnings growth is currently pegged at 7.93%. The Zacks Consensus Estimate for 2025 earnings per share is pegged at $1.76, indicating year-over-year growth of 8.64%. #1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.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 NextEra Energy, Inc. (NEE): Free Stock Analysis Report NiSource, Inc (NI): Free Stock Analysis Report FirstEnergy Corporation (FE): Free Stock Analysis Report CenterPoint Energy, Inc. (CNP): 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