NiSource sees FY26 adjusted EPS $2.02-$2.07, consensus $2.02

NiSource (NI) is extending its base capital plan to 2030, with base plan non-GAAP adjusted EPS growth expected to be 6%-8% annually, driven by $21.0B in base plan capital expenditures and 8%-10% rate base growth from 2026 to 2030. The newly consolidated capital expenditure plan of $28.0B total is approximately $8.6B more than the prior five-year plan, fueled by nearly $7.0B in strategic data center investments. This marks a 45% increase and supports an expected consolidated non-GAAP adjusted EPS compound annual growth rate of 8%-9% for 2026 through 2033.