NiSource to Release Q3 Earnings: Here's What You Need to Know

NiSource Inc. NI is scheduled to release third-quarter 2025 results on Oct. 29, before market open.

The company delivered an earnings surprise of 4.76% in the last reported quarter. Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors That Might Have Impacted NI’s Q3 Performance

NiSource’s third-quarter earnings are likely to have benefited from the approval of the Northern Indiana Public Service Company LLC Electric rate case and the Columbia Gas of Virginia rate case during the previous quarter. These approvals in the company’s service territories are expected to have positively influenced its performance in the to-be-reported quarter.

The bottom line is also expected to have benefited from higher investments aimed at supporting data center developments across NI’s service territories. Investments made in electric transmission and gas systems to support incremental demand in its service territories are likely to have a positive impact on third-quarter earnings.

However, higher operation and maintenance expenses may have partially offset these positive impacts in the third quarter.

NI’s Q3 Expectations

The Zacks Consensus Estimate for earnings is pegged at 19 cents per share, which implies a year-over-year decline of 5%.

The Zacks Consensus Estimate for revenues is pinned at $1.15 billion, indicating an increase of 6.9% from the year-ago reported number.

What Our Quantitative Model Predicts for NI

Our proven model predicts an earnings beat for NiSource this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is exactly the case here, as you will see below.

NiSource, Inc Price and EPS Surprise

NiSource, Inc price-eps-surprise | NiSource, Inc Quote

NiSource's Earnings ESP: The company’s Earnings ESP is +8.11%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank of NI: Currently, NiSource carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks to Consider

Here we have mentioned a few other players from the same industry that also have the right combination of elements to beat on earnings this reporting cycle:

Xcel Energy, Inc. XEL is slated to report its third-quarter 2025 results on Oct. 30, before market open. It has an Earnings ESP of +0.38% and a Zacks Rank of 3 at present.

XEL’s long-term (three to five years) earnings growth rate is 7.44%. The Zacks Consensus Estimate for earnings is pinned at $1.31 per share, which suggests a year-over-year rise of 4.8%.

Eversource Energy ES is slated to report its third-quarter 2025 results on Nov. 4, after market close. It has an Earnings ESP of +5.13% and a Zacks Rank of 3 at present.

ES’ long-term earnings growth rate is 5.86%. The Zacks Consensus Estimate for earnings is pegged at $1.12 per share.

Duke Energy DUK is scheduled to report its third-quarter 2025 results on Nov. 7, before market open. It has an Earnings ESP of +1.65% and a Zacks Rank of 2 at present.

DUK’s long-term earnings growth rate is 6.43%. The Zacks Consensus Estimate for earnings is pinned at $1.73 per share, which implies a year-over-year increase of 6.8%.

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This article originally published on Zacks Investment Research (zacks.com).

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