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NiSource's (NI) Q4 Earnings Beat Estimates, Gives View

NiSource Inc.NI is an energy holding company. The Merrillville, IN-based firm is engaged in natural gas transmission, storage and distribution, and electric generation, transmission and distribution business.

NiSource's stable cash generating capacity, steady focus on regulated utility operations and systematic investments in infrastructure modernization and expansion projects will likely boost its future performance. In addition, the company's practice of paying dividend is commendable.

Estimate Trend & Surprise History

Investors should note that the fourth quarter 2017 Zacks Consensus Estimate has also remained unchanged at 32 cents, over the last 60 days.

NiSource, Inc Price and EPS Surprise

NiSource, Inc Price and EPS Surprise | NiSource, Inc Quote

Zacks Rank : Currently, NiSource has a Zacks Rank #4 (Sell) but that could change following its fourth quarter 2017 earnings report which has just released. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

We have mentioned below some of the vital information from this just-revealed announcement:

Earnings : NiSource earnings of 33 cents for fourth quarter 2017 were a penny higher than the Zacks Consensus Estimate of 32 cents.

Key Stats to Note : NiSource continues to expect to invest $1.6 to $1.8 billion annually in utility infrastructure investments through 2020.

Stock Price : It would be interesting to see how the market reacts to the earnings release during the trading session today.

Check back later for our full write up on this NI earnings report later!

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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