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NiSource Gears Up to Report Q3 Earnings: What's in the Cards?
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Key Takeaways
NI's Q3 earnings are likely to gain from load growth, data center demand and higher manufacturing activity.
NI's Q3 EPS is projected to rise 15.8% to 22 cents, while revenues are expected to grow 9.5% to $1.39 billion.
New rates, infrastructure investments and cost discipline are expected to support NI's results.
NiSource Inc. (NI - Free Report) is scheduled to release third-quarter 2026 results on Oct. 28, before market open. The company delivered an earnings surprise of 6.67% 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 expected to have benefited from rising load growth, data center demand and higher manufacturing activities. Customer growth and continued economic development across its service territories are expected to have supported revenues. New electric and gas rates implemented in previous quarters may have contributed to earnings growth.
NiSource’s focus on customer safety and continued investment in infrastructure development is likely to have supported its quarterly performance. Spending on electric transmission and gas systems to support incremental demand in its service territories is likely to have a positive impact on third-quarter earnings.
The company's continued emphasis on cost discipline and efforts to keep operation and maintenance expenses stable are expected to have helped maintain customer affordability and support its upcoming quarterly performance.
Q3 Expectations for NI
The Zacks Consensus Estimate for earnings is pegged at 22 cents per share, which implies a year-over-year rise of 15.8%.
The Zacks Consensus Estimate for revenues is pinned at $1.39 billion, indicating an increase of 9.5% from the year-ago reported number.
What Our Quantitative Model Predicts for NI
Our proven model predicts an earnings beat for NiSource this time. 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 the case here, as you will see below.
NiSource’s Earnings ESP: The company’s Earnings ESP is +7.87%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Here we have mentioned other players from the same industry that also have the right combination of elements to beat on earnings this reporting cycle:
CenterPoint Energy, Inc. (CNP - Free Report) is scheduled to report its third-quarter 2026 results on Oct. 27, before market open. It has an Earnings ESP of +0.81% and a Zacks Rank of 3 at present.
CNP’s long-term (three to five years) earnings growth rate is 7.93%. The Zacks Consensus Estimate for earnings stands at 50 cents per share.
American Electric Power Company, Inc. (AEP - Free Report) is slated to report its third-quarter 2026 results on Oct. 28, before market open. It has an Earnings ESP of +4.67% and a Zacks Rank of 3 at present.
AEP’s long-term earnings growth rate is 7.40%. The Zacks Consensus Estimate for earnings stands at $2 per share, which implies a year-over-year jump of 11.1%.
Edison International (EIX - Free Report) is slated to report its third-quarter 2026 results on Oct. 29, after market close. It has an Earnings ESP of +1.12% and a Zacks Rank of 3 at present.
EIX’s long-term earnings growth rate is 3.86%. The Zacks Consensus Estimate for earnings is pegged at $1.79 per share.
View the Zacks #1 Rank List
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NiSource Gears Up to Report Q3 Earnings: What's in the Cards?
Key Takeaways
NiSource Inc. (NI - Free Report) is scheduled to release third-quarter 2026 results on Oct. 28, before market open. The company delivered an earnings surprise of 6.67% 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 expected to have benefited from rising load growth, data center demand and higher manufacturing activities. Customer growth and continued economic development across its service territories are expected to have supported revenues. New electric and gas rates implemented in previous quarters may have contributed to earnings growth.
NiSource’s focus on customer safety and continued investment in infrastructure development is likely to have supported its quarterly performance. Spending on electric transmission and gas systems to support incremental demand in its service territories is likely to have a positive impact on third-quarter earnings.
The company's continued emphasis on cost discipline and efforts to keep operation and maintenance expenses stable are expected to have helped maintain customer affordability and support its upcoming quarterly performance.
Q3 Expectations for NI
The Zacks Consensus Estimate for earnings is pegged at 22 cents per share, which implies a year-over-year rise of 15.8%.
The Zacks Consensus Estimate for revenues is pinned at $1.39 billion, indicating an increase of 9.5% from the year-ago reported number.
What Our Quantitative Model Predicts for NI
Our proven model predicts an earnings beat for NiSource this time. 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 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 +7.87%. 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 other players from the same industry that also have the right combination of elements to beat on earnings this reporting cycle:
CenterPoint Energy, Inc. (CNP - Free Report) is scheduled to report its third-quarter 2026 results on Oct. 27, before market open. It has an Earnings ESP of +0.81% and a Zacks Rank of 3 at present.
CNP’s long-term (three to five years) earnings growth rate is 7.93%. The Zacks Consensus Estimate for earnings stands at 50 cents per share.
American Electric Power Company, Inc. (AEP - Free Report) is slated to report its third-quarter 2026 results on Oct. 28, before market open. It has an Earnings ESP of +4.67% and a Zacks Rank of 3 at present.
AEP’s long-term earnings growth rate is 7.40%. The Zacks Consensus Estimate for earnings stands at $2 per share, which implies a year-over-year jump of 11.1%.
Edison International (EIX - Free Report) is slated to report its third-quarter 2026 results on Oct. 29, after market close. It has an Earnings ESP of +1.12% and a Zacks Rank of 3 at present.
EIX’s long-term earnings growth rate is 3.86%. The Zacks Consensus Estimate for earnings is pegged at $1.79 per share.