Investing.com - NiSource (NYSE:NI) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NiSource announced earnings per share of $0.11 on revenue of $951.26M. Analysts polled by Investing.com anticipated EPS of $0.0945 on revenue of $949.14M.
NiSource shares are up 10% from the beginning of the year and are trading at $25.25 , down-from-52-week-high.They are under-performing the S&P 500 which is up 23.19% from the start of the year.
NiSource shares gained 2.04% in intra-day trade the report.
NiSource follows other major Utilities sector earnings this month
NiSource's report follows an earnings beat by NextEra Energy on Wednesday, October 20, 2021, who reported EPS of $0.75 on revenue of $4.37B, compared to forecasts EPS of $0.716 on revenue of $5.44B.
Exelon had beat expectations on Wednesday with third quarter EPS of $1.09 on revenue of $8.91B, compared to forecast for EPS of $1.08 on revenue of $8.5B.
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