NiSource Q2 Adj. EPS $0.11 Misses $0.13 Estimate
Portfolio Pulse from Benzinga Newsdesk
NiSource reported Q2 adjusted earnings of $0.11 per share, missing the analyst consensus estimate of $0.13 by 15.38 percent. This represents a 8.33 percent decrease from the same period last year.
August 04, 2023 | 10:51 am
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NiSource's Q2 earnings missed analyst estimates by 15.38%, and decreased 8.33% YoY.
Earnings reports are a key indicator of a company's financial health. NiSource's miss on earnings estimates and the YoY decrease could negatively impact investor sentiment, potentially leading to a decrease in the stock price in the short term.
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