Last week saw the newest quarterly earnings release from NiSource Inc. (NYSE:NI), an important milestone in the company's journey to build a stronger business. Revenues US$2.2b disappointed slightly, at4.1% below what the analysts had predicted. Profits were a relative bright spot, with statutory per-share earnings of US$1.00 coming in 13% above what was anticipated. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Our free stock report includes 2 warning signs investors should be aware of before investing in NiSource. Read for free now.NYSE:NI Earnings and Revenue Growth May 9th 2025

Taking into account the latest results, the most recent consensus for NiSource from eleven analysts is for revenues of US$6.11b in 2025. If met, it would imply a reasonable 3.0% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 4.9% to US$1.91. In the lead-up to this report, the analysts had been modelling revenues of US$6.15b and earnings per share (EPS) of US$1.90 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

Check out our latest analysis for NiSource

It will come as no surprise then, to learn that the consensus price target is largely unchanged at US$42.57. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on NiSource, with the most bullish analyst valuing it at US$48.15 and the most bearish at US$35.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We can infer from the latest estimates that forecasts expect a continuation of NiSource'shistorical trends, as the 4.1% annualised revenue growth to the end of 2025 is roughly in line with the 3.9% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.1% per year. So it's pretty clear that NiSource is expected to grow slower than similar companies in the same industry.

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The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that NiSource's revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$42.57, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have forecasts for NiSource going out to 2027, and you can see them free on our platform here.

Plus, you should also learn about the  2 warning signs  we've spotted with NiSource (including 1 which is concerning) .

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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