Merrillville, Indiana-based NiSource Inc. (NI) is an energy holding company that provides natural gas, electricity, and other products and services in the U.S. Valued at a market cap of $17.6 billion, the company serves nearly four million natural gas and electric customers across six states under its NiSource, NIPSCO and Columbia Gas brands. It is expected to announce its fiscal Q4 earnings results on Wednesday, Feb. 19.
Ahead of this event, analysts project the energy company to report a profit of $0.47 per share, down 11.3% from $0.53 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's bottom-line estimates in the last four quarters. Its earnings of $0.20 per share in the previous quarter outpaced the forecasted figure by a massive margin of 42.9%.
