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NiSource Inc. Q1 adjusted earnings Beat Estimates

NiSource Inc. (NI) released earnings for first quarter that decreased from the same period last year.

The company's bottom line came in at $205.1 million, or $0.55 per share. This compares with $276.1 million, or $0.82 per share, in last year's first quarter.

Excluding items, NiSource Inc. reported adjusted earnings of $307.7 million or $0.82 per share for the period.

Analysts had expected the company to earn $0.77 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

NiSource Inc. earnings at a glance:

-Earnings (Q1): $307.7 Mln. vs. $259.7 Mln. last year.
-EPS (Q1): $0.82 vs. $0.77 last year.
-Analysts Estimate: $0.77

Full year EPS guidance: $1.27 to $1.33

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