NYSE$NI

Nisource Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

NiSource reported Q4 2024 GAAP net income of $223.9 million, slightly lower than Q4 2023's $225.6 million. Adjusted net income was $231.2 million, compared to $239.3 million in Q4 2023. GAAP EPS stood at $0.47, while adjusted EPS was $0.49. Revenue for the quarter was $1.59 billion. The company reaffirmed its expected annual non-GAAP EPS growth of 6%-8% for 2025-2029.

Headline financials

Total Revenue

$1.59B

Previous: $1.42B+11.7%
EPS (adj)

$0.49

Previous: $0.53-7.5%
Adjusted Net Income

$231M

No prior period
Capital Expenditures

-$760M

Previous: -$760M+0.0%
Net Income

$224M

Previous: $237M-5.7%
Operating Income

$417M

Previous: $363M+14.9%
Gross Profit

$790M

Previous: $694M+13.8%

Revenue & EPS history

Nisource · Revenue · Quarterly

$1.59B

Q4 2024+11.7%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

NiSource raised its 2025 non-GAAP EPS guidance to $1.85-$1.89, citing long-term rate base growth expectations of 8%-10% annually.

Tailwinds

  • Raised 2025 non-GAAP EPS guidance to $1.85-$1.89.
  • Annual EPS growth expected at 6%-8% from 2025-2029.
  • Increased base capital expenditure plan to $19.4 billion.
  • Continued strong customer satisfaction results.
  • Focus on long-term operational efficiency and growth.

Headwinds

  • Q4 2024 GAAP net income slightly declined YoY.
  • Q4 2024 adjusted net income lower than Q4 2023.
  • Market uncertainties could impact future earnings.
  • Regulatory and operational risks remain challenges.
  • Unpredictable factors such as weather and asset sales may affect results.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.1%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+1.2%

Avg return

30 days after

55%

35 / 64 earnings

Positive

+4.6%

Q3 2020

Best reaction

-6.6%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.6%-3.0%-3.3%
Q4 2025-0.2%+3.6%+5.9%
Q3 2025-2.2%-1.9%+1.7%
Q1 2025+3.0%-2.6%-0.2%
Q4 2024+1.0%+3.3%+2.7%
Q3 2024+1.3%+0.8%+2.2%
Q2 2024+0.4%+2.0%+7.3%
Q1 2024-0.7%-1.7%+0.7%
Q4 2023+1.7%+1.8%-1.6%
Q3 2023+2.5%+0.5%+4.1%
Q2 2023-1.9%-2.9%-3.3%
Q1 2023+1.6%+1.9%-4.1%
Q4 2022+3.5%+2.0%-0.7%
Q3 2022-3.7%-0.3%+6.9%
Q2 2022-0.8%-0.7%-1.8%
Q1 2022+1.2%+1.7%+8.5%
Q4 2021-0.1%+2.0%+9.8%
Q3 2021+1.3%+1.3%+1.5%
Q2 2021+0.5%-0.3%-1.0%
Q1 2021-0.7%+2.0%-1.7%
Q4 2020+2.1%+0.0%+5.9%
Q3 2020+4.6%+1.1%+7.2%
Q2 2020+0.8%+2.7%-7.7%
Q1 2020-6.6%-4.2%+2.2%
Q4 2019-3.8%+0.6%-12.8%
Q3 2019+2.7%+0.0%-3.1%
Q2 2019+1.6%-5.0%-0.1%
Q1 2019-0.7%+0.4%+0.3%
Q4 2018-1.9%-1.8%+6.2%
Q3 2018+0.3%+2.9%+4.2%
Q2 2018+0.4%+2.3%+3.4%
Q1 2018+4.3%+3.9%+0.9%
Q4 2017-2.9%+0.5%-0.4%
Q3 2017+2.2%+3.2%+3.6%
Q2 2017+1.0%+0.5%+2.4%
Q4 2016-1.8%-0.9%+7.8%
Q1 2017+0.2%+0.6%+8.7%
Q3 2016-5.0%-5.8%-6.7%
Q2 2016-1.8%-3.7%-7.7%
Q1 2016+2.5%
Q4 2015+2.4%
Q3 2015+0.9%
Q2 2015-3.7%
Q1 2015-0.3%
Q4 2014+2.2%
Q3 2014+1.1%
Q2 2014-3.3%
Q1 2014+2.0%
Q4 2013+0.7%
Q3 2013+0.0%
Q2 2013+0.8%
Q1 2013-1.7%
Q4 2012+1.0%
Q3 2012-2.6%
Q2 2012-1.0%
Q1 2012+1.5%
Q4 2011-0.1%
Q3 2011-1.4%
Q2 2011+2.4%
Q1 2011+1.6%
Q4 2010-0.5%
Q3 2010-1.6%
Q2 2010+0.0%
Q1 2010-2.7%

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