NiSource Stock Jumps on Data Center Deals and Solid Q2 Earnings
NiSource Inc., a regulated utility company in the S&P 500, has seen its stock price rise after securing new data center deals with Amazon and Alphabet.
The company reported solid second-quarter 2026 results, beating analysts' expectations for adjusted earnings per share of $0.22 USD, compared to a consensus estimate of $0.20 USD.
NiSource generated quarterly revenue of $1.28 billion USD in Q2 2026, exceeding market expectations of $1.21 billion USD, while net income for the period was $101.90 million USD, down 78.50 percent sequentially due to nonrecurring factors.
The stock price has risen by 20.42 percent over the past year, but declined 6.38 percent in the last month and 4.45 percent over the last week.