Merrillville, Indiana-based NiSource Inc. (NI) is an energy holding company that operates as a regulated natural gas and electric utility company. Valued at $22 billion by market cap, the company provides natural gas to approximately 2.4 million residential, commercial, and industrial customers, and also generates, transmits, and distributes electricity to approximately 0.5 million customers in various counties in the northern part of Indiana. The leading natural gas distribution company is expected to announce its fiscal second-quarter earnings for 2026 in the near future.
Ahead of the event, analysts expect NI to report a profit of $0.19 per share on a diluted basis, down 13.6% from $0.22 per share in the year-ago quarter. The company beat or matched the consensus estimates in three of the last four quarters while missing the forecast on another occasion.