)
Edge31 Oct 2025
Rolls-Royce: Full Thrust Ahead
From century-old crafted perfection to pandemic shock and reset, Rolls-Royce's story is shaped by heritage, turbulence, and a disciplined climb back.
NiSource (NI) investor relations material
NiSource Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary29 Oct, 2025
Executive summary
Advanced a major data center infrastructure agreement in Indiana, including up to 3 GW of new generation capacity and two 1,300 MW gas plants, with a 15-year fixed-rate contract and $6–$7 billion capital investment, expected to be accretive to EPS and cash flow.
Refreshed long-term outlook, introducing 8%-9% adjusted EPS CAGR for consolidated business through 2033 and reaffirmed 6%-8% annual adjusted EPS growth in the base business through 2030.
Secured regulatory approval for the Genco model and full ownership of Templeton Wind asset, reinforcing a strong regulatory foundation.
Announced a strategic partnership with Blackstone Infrastructure Partners, contributing $1.5 billion in equity for a 19.9% minority stake in Genco, supporting future capital needs.
Achieved strong year-to-date and quarterly financial results, with net income and operating income up significantly year-over-year.
Financial highlights
Q3 2025 adjusted EPS was $0.19, with YTD total $1.38; Q3 2025 GAAP net income was $94.7M ($0.20 per share), and YTD net income was $671.7M ($1.42 per share), both up year-over-year.
Reaffirmed upper half of 2025 adjusted EPS guidance of $1.85–$1.89 and introduced 2026 consolidated EPS guidance of $2.02–$2.07.
Five-year capital expenditure plan increased to $28 billion, up 45% from prior outlook, including $7 billion for data center investments.
Q3 2025 operating revenues were $1.27 billion, up 18% year-over-year; nine-month revenues reached $4.74 billion, up 23%.
Adjusted EPS projected to grow at 8.2% CAGR from 2021 to 2026, with Genco contributing $0.10–$0.15 per share in 2030, rising to $0.25–$0.45 by 2033.
Outlook and guidance
Base plan adjusted EPS expected to grow 6%-8% annually through 2030; consolidated adjusted EPS CAGR of 8%-9% through 2033 with data center investments.
2026 consolidated adjusted EPS guidance set at $2.02–$2.07; base plan $2.01–$2.05, GenCo $0.01–$0.02.
9%-11% consolidated rate base CAGR expected 2026–2033.
Dividend payout ratio targeted at 55%-65%; 11%-12% expected average annual total shareholder return.
Annual bill increases projected at less than 5% due to operational efficiencies and customer flowback mechanisms.
Explain the strategy to protect customers from data center costs
What is the financial distinction between base and consolidated EPS?
Detail financing for the $7B data center capex
How does GenCo ensure existing customer affordability?
Confidence in securing additional data center load?
GenCo capital structure and financing strategy?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next NiSource earnings date
Q4 202518 Feb, 2026
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
NiSource Inc is a regulated utility company that provides natural gas and electricity to residential, commercial, and industrial customers. The company operates through subsidiaries across several U.S. states, focusing on energy delivery, infrastructure modernization, and customer service. NiSource Inc is headquartered in Merrillville, Indiana, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage