Earnings Preview: NiSource

 |  About: NiSource Inc. (NI)
by: Theflyonthewall

NiSource (NYSE:NI) is expected to report Q2 earnings before market open Tuesday, Aug. 5, with a conference call scheduled for 9:00 am ET. Analysts are looking for a profit of 10c on revenue of $1.53B.


The consensus range is 8c to 13c for EPS, and revenue of $1.32B to $1.82B, according to First Call. NiSource gave FY08 guidance when it reported its Q1 earnings, saying it expects FY08 EPS of $1.25 to $1.35 vs. consensus $1.28.

Analyst View

On June 27, NiSource, along with most of the North American Pipeline Sector, was given a Market Perform rating by BMO Capital.