Investing.com - NiSource (NYSE:NI) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
NiSource announced earnings per share of $0.12 on revenue of $1.18B. Analysts polled by Investing.com anticipated EPS of $0.125 on revenue of $1.07B.
NiSource shares are up 9% from the beginning of the year and are trading at $30.10 , down-from-52-week-high.They are outperforming the S&P 500 which is down 14.16% from the start of the year.
NiSource follows other major Utilities sector earnings this month
NiSource's report follows an earnings beat by NextEra Energy on Friday, July 22, 2022, who reported EPS of $0.81 on revenue of $5.18B, compared to forecasts EPS of $0.7598 on revenue of $5.35B.
Southern had beat expectations on Thursday, July 28, 2022 with second quarter EPS of $1.07 on revenue of $7.21B, compared to forecast for EPS of $0.8406 on revenue of $5.44B.
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