Nisource (NI)
NYSE:NI
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Earnings Data
Report Date
Aug 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.24Last Year’s EPS
0.22Same Quarter Last Year
Strong Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasizes strong execution: Q1 EPS growth (+8% YoY), reaffirmed full-year guidance, an improved long-term EPS CAGR target, and material commercial progress in the Genco data center strategy (signed ~4 GW, $1.4B in customer savings). Operational and safety metrics were highlighted as best-in-class, and AI/process improvements showed measurable efficiency gains. Principal negatives are execution and timing risks around regulatory approvals, increased capital intensity requiring ongoing financing, a federal order affecting the Schahfer coal plant, and the fact that the sizable pipeline (~3 GW negotiating, ~2 GW developing) is not yet reflected in guidance. Overall, the positives — near-term results, constructive regulatory engagement, large signed transactions, and improved long-term outlook — materially outweigh the listed risks, which are primarily contingent on approvals and execution.Company Guidance
Quarterly Earnings Beat and Progress Toward Guidance
Q1 2026 consolidated adjusted EPS of $1.06 versus $0.98 in Q1 2025, an increase of $0.08 per share (+8% year-over-year). Q1 results represent 52% of the midpoint of 2026 guidance, supporting the reaffirmed full-year consolidated adjusted EPS guidance of $2.02 to $2.07.
Raised Long-Term EPS Growth Target
NiSource increased its consolidated adjusted EPS CAGR target for 2023–2033 by 100 basis points to 9%–10%, with management stating performance is tracking toward the high end through 2030.
Genco Data Center Strategy Driving Customer Savings and Growth
Genco partnerships (Alphabet and expanded Amazon agreements) and pooled-resources approach are expected to unlock approximately $1.4 billion in customer savings over 15 years, equating to up to $124 per residential customer per year. New incremental contracts include ~340 MW for Alphabet and +400 MW for Amazon.
Material Signed Capacity and Robust Pipeline
Management reports approximately 4 GW of signed data center capacity and a pipeline of ~3 GW in active strategic negotiations plus ~2 GW in developing opportunities (line of sight), with an initial pooled resource target of ~800 MW to meet near-term loads and reserves.
Increased Genco Long-Term Earnings Outlook
Genco-specific EPS outlook improved: 2030 Genco EPS of $0.25–$0.35 and 2033 outlook of $0.40–$0.60 per share, indicating meaningful incremental earnings potential from the data center business over time.
Capital Plan and Funding Framework
Five-year base capital investment unchanged at $21 billion (includes $2 billion upside). Consolidated plan enhanced by ~$7.6 billion of Genco/data center capital. Company reaffirms 14%–16% FFO-to-debt and expects to fund with a mix of cash from operations, new long-term debt, and $400–$600 million of equity annually.
Operational Excellence and Safety Improvements
Declared the safest Q1 on record (since 2016) for employee injuries. Executed >11,000 miles of leak survey in the quarter, identifying and mitigating 113 large-volume leaks (above plan). Exceeded targets for electric pole inspections and replacements. AI and process programs reported productivity gains (AI contract tools >20% productivity increase).
NI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
NI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $48.19 | $47.51 | -1.41% |
Feb 11, 2026 | $44.45 | $44.38 | -0.16% |
Oct 29, 2025 | $42.54 | $41.63 | -2.14% |
Aug 06, 2025 | $42.06 | $41.02 | -2.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Nisource (NI) report earnings?
Nisource (NI) is schdueled to report earning on Aug 12, 2026, Before Open (Confirmed).
What is Nisource (NI) earnings time?
Nisource (NI) earnings time is at Aug 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NI EPS forecast?
NI EPS forecast for the fiscal quarter 2026 (Q2) is 0.24.