Q2 2026 NiSource Inc Earnings Call Transcript

Aug 5, 2026 / 03:00 PM GMT

Release Date Price: €37.01 (-3.82%)

Transcript 10-Q8-K

Key Points

Positve

NiSource Inc (NI) reaffirmed its 2026 adjusted EPS guidance of $2.2 to $2.7 per share and long-term growth rates of 6% to 8% through 2030, reflecting confidence in its financial plan.
The company secured regulatory approvals for its Amazon and Alphabet data center agreements in Indiana, which are expected to provide approximately $1.4 billion in bill relief for existing customers.
NiSource Inc (NI) has a robust data center pipeline with 3 gigawatts in active negotiations and line of sight to 2 gigawatts of additional potential customers, supporting future growth.
The company is advancing cost optimization initiatives, including over $40 million in 2026, to reduce costs for customers and improve operational efficiency.
NiSource Inc (NI) continues to see strong economic development momentum across its service territories, with major projects like aerospace and defense investments bringing new jobs and growth.

Negative

NiSource Inc (NI) reported lower second quarter adjusted EPS of $0.16 compared to $0.22 in the prior year, impacted by higher O&M from severe weather and union negotiations.
The Indiana Utility Regulatory Commission (IURC) issued an order regarding gas modernization investments that requires the company to better demonstrate project benefits, potentially affecting recovery mechanisms.
The company faces ongoing affordability discussions in Indiana, which could lead to regulatory changes or increased scrutiny on rate recovery.
NiSource Inc (NI) is navigating federal orders requiring continued operation of the Schafer coal plant, adding complexity and potential cost recovery challenges.
The company's earnings growth is expected to be more weighted to the second half of 2026, with first-half results reflecting a shoulder quarter and higher storm-related expenses.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NI.N - NiSource Inc.
Q2 2026 NiSource Inc Earnings Call
Aug 05, 2026 / 03:00PM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, thank you for standing by, my name is Desiree, and I will be your conference operator today, at this time, I would like to welcome everyone to 2026 NSource earnings conference call, all lines have been placed on mute to prevent any background noise.

After the speaker's remarks, there will be a question-and-answer session.

If you would like to ask a question during this time, simply press at number 1 on your telephone keypad.

If you would like to withdraw your question again, press the star one.

I would now like to turn the call over to Durgesh Chopra, head of investor relations, please go ahead.

Thank you.

Good morning and welcome to Night Source's second quarter 2026

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