NiSource (NYSE:NI) reported robust quarterly earnings, significantly surpassing analyst expectations for both earnings per share (EPS) and revenue. The utility provider posted an EPS of $0.51, exceeding the consensus estimate of $0.49, while revenue reached an impressive $1.90 billion, far outperforming the $1.20 billion projection. This strong performance was complemented by the company's reaffirmation of its fiscal year 2026 EPS guidance, maintaining a range of $2.020 to $2.070. Further boosting investor confidence, NiSource announced an increase in its quarterly dividend to $0.30 per share. Following these positive results, the company's stock price surged, nearing its 12-month high.
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