NiSource raises FY24 non-GAAP EPS to $1.70-$1.74 from $1.68-$1.72

Consensus is for FY24 EPS $1.70. The 5-year $16B base capital expenditure plan drives 2023-2028 annual rate base growth of 8%-10% and annual non-GAAP NOEPS growth of 6-8%.