NiSource said net income available to common shareholders on a GAAP basis for the quarter ended March 31, 2025 was $474.8 million, or $1.00 of diluted earnings per share, compared to $344.3 million, or $0.77 per diluted share, for the same period in 2024.

1. 01

   NiSource said net income available to common shareholders on a GAAP basis for the quarter ended March 31, 2025 was $474.8 million, or $1.00 of diluted earnings per share, compared to $344.3 million, or $0.77 per diluted share, for the same period in 2024.

2. 02

   The company reported first quarter Q1 2025 non-GAAP adjusted net income available to common shareholders of $462.3 million, or $0.98 of adjusted earnings per share, compared to $382.8 million, or $0.85 of adjusted EPS, for the same period in 2024.

3. 03

   NiSource disclosed that for Q1 2025, non-GAAP adjustments included weather compared to normal of (16.8) and tax effect of 4.3, with total adjustments of (12.5) (in millions). For Q1 2024, adjustments included weather of 32.9 and preferred dividends redemption premium of 14.0 (in millions).

4. 04

   NiSource said it is reaffirming 2025 non-GAAP adjusted EPS guidance of $1.85-$1.89, as well as 8%--10% rate base growth and 6%--8% annual non-GAAP adjusted EPS growth for 2025-2029.

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

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