NiSource Inc. (NI) reported a profit for its first quarter that gained ground compared to the same period last year.
The company said its bottom line rose to $230.6 million, or $0.71 per share. This was up from $197.7 million, or $0.62 per share, in last year's first quarter.
Analysts had expected the company to earn $0.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
NiSource Inc. earnings at a glance:
-Earnings (Q1): $230.6 Mln. vs. $197.7 Mln. last year.
-Earnings Growth (Y-o-Y): 16.6%
-EPS (Q1): $0.71 vs. $0.62 last year.
-EPS Growth (Y-o-Y): 14.5%
-Analysts Estimate: $0.67
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