NiSource Inc. Q4 Profit Increases, beats estimates

(RTTNews) - NiSource Inc. (NI) announced a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $230.8 million, or $0.52 per share. This compares with $152.2 million, or $0.36 per share, in last year's fourth quarter.

Excluding items, NiSource Inc. reported adjusted earnings of $221.0 million or $0.50 per share for the period.

Analysts on average had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

NiSource Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $230.8 Mln. vs. $152.2 Mln. last year. -EPS (Q4): $0.52 vs. $0.36 last year. -Analyst Estimate: $0.48