Investing.com - NiSource (NYSE:NI) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
NiSource announced earnings per share of $0.13 on revenue of $979.9M. Analysts polled by Investing.com anticipated EPS of $0.1337 on revenue of $1.04B.
NiSource shares are up 10% from the beginning of the year and are trading at $25.31 , down-from-52-week-high.They are under-performing the S&P 500 which is up 17.76% 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 23, 2021, who reported EPS of $0.71 on revenue of $3.93B, compared to forecasts EPS of $0.6977 on revenue of $4.97B.
Iberdrola SA had missed expectations on Wednesday, July 21, 2021 with second quarter EPS of $0.3772 on revenue of $10.21B, compared to forecast for EPS of $0.3774 on revenue of $9.67B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar