Midwest utility NiSource misses Q2 EPS, shares fall 5%

NiSource's second-quarter 2026 adjusted EPS of $0.16 missed Wall Street's $0.23 forecast, sending shares down 4.99% in after-hours trading to $42.31. Revenue beat expectations at $1.28 billion versus $1.25 billion, but storm-related damage costs and union labor expenses pressured operating margins. The company reaffirmed its full-year 2026 adjusted EPS guidance of $2.02 to $2.07. Year-to-date adjusted EPS rose to $1.22 from $1.19. NiSource highlighted its growing data-center pipeline, including Amazon and Alphabet contracts, as a key long-term growth driver.