The Bull Case For NiSource (NI) Could Change Following Q2 Profit Drop Despite Higher Revenue

In the second quarter of 2026, NiSource Inc. reported higher sales of US$1,289.5 million and revenue of US$1,342.4 million, but net income fell to US$45.5 million, with diluted earnings per share from continuing operations declining to US$0.09 compared with a year earlier. Despite modest top-line growth, the sharp drop in quarterly profitability versus the prior year contrasts with relatively stable net income over the first six months of 2026, highlighting pressure on near-term earnings...