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.
At the archive date, NISOURCE INC. was 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
$1.38B
Analyst consensus captured from Finnhub and Financial Modeling Prep. This archived preview is no longer updated with later results; see the NI page for retained reports.
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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