MERRILLVILLE, Ind. (AP) — MERRILLVILLE, Ind. (AP) — NiSource Inc. (NI) on Wednesday reported first-quarter profit of $510.7 million.
The Merrillville, Indiana-based company said it had profit of $1.06 per share.
The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of $1.06 per share.
The energy holding company posted revenue of $2.36 billion in the period. Its adjusted revenue was $2.37 billion, which missed Street forecasts. Three analysts surveyed by Zacks expected $2.43 billion.
NiSource expects full-year earnings in the range of $2.02 to $2.07 per share.
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