NiSource Inc. Q1 adjusted earnings Inline With Estimates

NiSource Inc. (NI) announced earnings for its first quarter that rose from the same period last year.

The company's profit totaled $281.7 million, or $0.72 per share. This compares with $61.8 million, or $0.16 per share, in last year's first quarter.

Excluding items, NiSource Inc. reported adjusted earnings of $304.8 million or $0.77 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): $304.8 Mln. vs. $290.9 Mln. last year.
-EPS (Q1): $0.77 vs. $0.76 last year.
-Analysts Estimate: $0.77

Full year EPS guidance: $1.32 to $1.36

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