NiSource stock: Q3 results extend growth plan through 2033
Published on 10/30/2026 at 01:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSNiSource expands its long-term outlook
- Adjusted earnings improved year over year in the third quarter.
- NiSource narrowed its 2026 outlook and initiated guidance for 2027.
- The extended capital plan includes investments tied to data-center demand.
NiSource Inc. reported stronger adjusted earnings for the quarter ended September 30, 2026, while extending its long-term investment and growth framework. The company published the results on October 28, 2026, in its official third-quarter results release.
Adjusted earnings improve year over year
NiSource reported GAAP net income available to common shareholders of USD 129.5 million, or USD 0.27 per diluted share, for the third quarter. The comparable figures a year earlier were USD 94.7 million and USD 0.20 per share.
On a non-GAAP basis, adjusted net income available to common shareholders was USD 130.9 million, compared with USD 91.8 million in the prior-year quarter. Consolidated adjusted EPS was USD 0.27, versus USD 0.19 a year earlier. For the first nine months, adjusted EPS reached USD 1.49, compared with USD 1.38 in the same period of 2025.
Guidance and capital plan extended
NiSource narrowed its 2026 consolidated adjusted EPS guidance to the upper half of its existing USD 2.02 to USD 2.07 range. For 2027, the company introduced adjusted EPS guidance of USD 2.22 to USD 2.30.
The utility also extended its capital plan through 2033. The seven-year plan totals USD 40.0 billion, consisting of USD 32.0 billion for the base plan and USD 8.0 billion for data-center investments. NiSource expects consolidated adjusted EPS to grow at a compound annual rate of 10% to 11% from 2027 through 2033, while base-plan adjusted EPS is expected to grow by 6% to 8% annually.
Data centers add a growth component
NiSource said its GenCo agreements are expected to deliver approximately USD 1.75 billion in customer savings. The company also identified data-center demand and its agreement with Microsoft as factors supporting the expanded investment framework. These statements are forward-looking and depend on execution, financing, regulatory outcomes and customer commitments.
NiSource Inc. company facts
- Company: NiSource Inc.
- ISIN: US65473P1057
- Ticker: NI
- Home exchange: NYSE
- Reporting period: Quarter ended September 30, 2026
The US utility sector remains sensitive to interest rates, financing conditions, regulation and electricity demand from large-load customers. Current market reports provide broader context.
