NiSource said GAAP net income available to common shareholders for the year ended December 31, 2024 was $739.7 million, or $1.62 per diluted share. For 2023, the same measure was $661.7 million, or $1.48 per diluted share.

1. 01

   NiSource said GAAP net income available to common shareholders for the year ended December 31, 2024 was $739.7 million, or $1.62 per diluted share. For 2023, the same measure was $661.7 million, or $1.48 per diluted share.

2. 02

   NiSource said its full-year non-GAAP adjusted net income was $798.6 million and its adjusted earnings per share (EPS) was $1.75. For the same period of 2023, it was $716.3 million and $1.60, respectively.

3. 03

   The company disclosed that its adjustments from annual GAAP net income to adjusted net income included a weather variance compared to normal of $60.4 million and a preferred stock redemption premium of $14.0 million. It said the tax effect was $(15.5) million, and the total net income adjustments were $58.9 million.

4. 04

   NiSource said it raised its 2025 non-GAAP adjusted EPS guidance to $1.85 to $1.89 and increased its base capital expenditure plan to $19.4 billion from $19.3 billion. It also reaffirmed annual 6% to -8% non-GAAP adjusted EPS growth for 2025 to 2029.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.