NiSource posts Q3 2026 earnings beat and narrows 2026 EPS outlook while expanding capital plan

NiSource reported third‑quarter 2026 diluted EPS of $0.27, beating analysts by $0.04 and lifting net income to $129.5 million. The utility trimmed its 2026 adjusted EPS forecast to the upper portion of the $2.02‑$2.07 range and added 2027 guidance of $2.22‑$2.30. It also confirmed a $40.0 billion capital‑expenditure program for 2027‑2033, targeting 10%‑11% annual adjusted EPS growth.

The narrowed EPS guidance signals higher earnings expectations for 2026, which may support the stock price. The $40 billion capex plan indicates sustained investment and could affect the company’s cash flow and credit metrics through 2033.

  • 1Diluted EPS for Q3 2026 was $0.27, up from $0.20 a year earlier.
  • 2Adjusted EPS beat consensus by $0.04.
  • 3Quarterly revenue was $1.35 billion, a 6% year‑over‑year increase.
  • 4GAAP net income rose to $129.5 million, compared with $94.7 million in Q3 2025.
  • 52026 adjusted EPS outlook was moved to the upper half of the $2.02‑$2.07 range.
  • 62027 adjusted EPS guidance was set at $2.22‑$2.30.

Sources