NIPSCO Union Lockout Impact
A lockout of United Steelworkers employees at NIPSCO from April 2 to late April/early May 2026 resulted in $30.5 million of incremental workplace continuity expenses, including external labor and services.
NISOURCE INC. is expected to release its Q3 2026 10-Q filing on October 27, 2026, before market open. Last quarter: NiSource's Q2 FY2026 net income available to common shareholders dropped 55.5% year-over-year to $45.5 million, driven by higher operating expenses and $30.5 million in lockout-related costs at NIPSCO, partially offset by higher capital‑investment revenues.
EPS Estimate
$0.22
Revenue Estimate
$1.31B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the NI page.
Drawn from management commentary in the Q2 2026 10-Q:
A lockout of United Steelworkers employees at NIPSCO from April 2 to late April/early May 2026 resulted in $30.5 million of incremental workplace continuity expenses, including external labor and services.
GenCo is advancing construction of a combined-cycle gas facility and a battery storage installation to serve the ADS contract, with site work expected to begin in Q3 2026. NiSource is also negotiating additional data center deals using a pool resource asset model.
The company launched a multi-year program to accelerate efficiencies, recording $2.5 million in separation costs at Columbia Operations and $2.9 million at NIPSCO during the quarter, with further reorganizations expected.
Revenue
$1.29B
+3.45% YoY
EPS (Diluted)
$0.09
-59.09% YoY
Operating Income
$228.1M
-13.24% YoY
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