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NiSource: Q1 Earnings Snapshot

MERRILLVILLE, Ind. (AP) _ NiSource Inc. (NI) on Wednesday reported first-quarter profit of $295.5 million...

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MERRILLVILLE, Ind. (AP) _ NiSource Inc. (NI) on Wednesday reported first-quarter profit of $295.5 million.

On a per-share basis, the Merrillville, Indiana-based company said it had profit of 72 cents. Earnings, adjusted for non-recurring costs, came to 77 cents per share.

The energy holding company posted revenue of $1.55 billion in the period.

NiSource expects full-year earnings in the range of $1.32 to $1.36 per share.

NiSource shares have climbed 13% since the beginning of the year, while the S&P’s 500 index has climbed 11%.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NI at https://www.zacks.com/ap/NI

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