NiSource Reaffirmed FY24 Adj. EPS Outlook Of $1.70 - $1.74 Vs. $1.71 Estimate
Portfolio Pulse from Benzinga Newsdesk
NiSource has reaffirmed its adjusted EPS outlook for FY24 to be in the range of $1.70 to $1.74, aligning closely with the analyst estimate of $1.71.
May 08, 2024 | 10:34 am
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NiSource reaffirmed its FY24 adjusted EPS outlook to be between $1.70 and $1.74, which is in line with the analyst estimate of $1.71.
Reaffirming its EPS outlook suggests NiSource is confident in its financial performance and operational stability, which could positively influence investor sentiment and potentially lead to a short-term uptick in its stock price. The alignment with analyst estimates further solidifies this positive outlook, indicating that the company's financial projections are in line with market expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100