NiSource Inc (NI)

NiSource beat on revenue and adjusted EPS in the second fiscal quarter of 2026, reported Aug. 5, as revenue of about $1.34 billion topped the $1.15 billion consensus by 17% and adjusted EPS of $0.16 edged the $0.16 estimate by 1.4% but was down 27.3% from $0.22 a year ago. Revenue rose 4.6% from about $1.28 billion a year ago, with gross margin and operating margin both near 17% and operating income at about $228.1 million; the largest disclosed segment line, Corporate and Other | Unaffiliated, generated about $1.5 million, up 25%, and remained small relative to consolidated revenue. Net income was about $45.5 million, down 55.5% from $102.2 million a year ago, while operating cash flow came in at about $680.4 million. For the next period, consensus calls for EPS of $0.21 on revenue of $1.23 billion.