NiSource (NYSE:NI) reported its Q3 earnings results on Monday, November 7, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
NiSource missed estimated earnings by 9.09%, reporting an EPS of $0.1 versus an estimate of $0.11.
Pursuing sale of minority stake in NIPSCO to strengthen the balance sheet and provide financing flexibility
Annual 6-8% NOEPS long-term growth plan represents best-in-class investment proposition
Net zero goal
Companies Reporting Before The Bell
• NAPCO Security Techs (NASDAQ:NSSC) is expected to report quarterly earnings at $0.13 per share on revenue of $36.34 million.
If history is any guide, there may be trouble ahead for shares of NiSource (NYSE:NI). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.