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Alliant Energy (LNT)
NASDAQ:LNT
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.7Last Year’s EPS
$0.48Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 31, 2024
|% Change Since: -1.75%
|Next Earnings Date:Feb 20, 2025
Earnings Call Sentiment|Neutral
The earnings call highlights strong financial performance, strategic expansions, and a positive regulatory environment, but also acknowledges challenges such as temperature impacts on earnings and increased expenses. The commitment to sustainability and economic development is evident, although workforce reductions and weather-related impacts are notable concerns.Company Guidance
During the third quarter 2024 earnings call, Alliant Energy provided several key metrics and guidance updates. The company narrowed its 2024 ongoing earnings guidance range and reaffirmed a long-term earnings growth target of 5% to 7%. The 2025 earnings guidance midpoint indicates a 6% increase over the forecasted 2024 earnings, with a projected annual common stock dividend target of $2.03 per share, also a 6% rise. Additionally, Alliant Energy announced plans for substantial capital expenditures through 2028, including the development of new data centers expected to add 1.1 gigawatts by the end of 2028, potentially boosting peak demand by nearly 20% over five years. The company also reported third-quarter earnings of $1.15 per share, compared to $1.05 per share in the same period in 2023.Strong Financial Performance
Alliant Energy announced third quarter earnings of $1.15 per share compared to non-GAAP earnings of $1.05 per share in the third quarter of 2023, driven by higher revenue requirements from capital investments and timing of income tax expense.
Strategic Data Center Expansion
Preparation to bring two data center companies to the Big Cedar Industrial Center in Iowa, expected to add 1.1 gigawatts in Phase I and boost peak demand by nearly 20% over the next five years.
Capital Expenditure Plan Increase
Increased four-year capital expenditure plan by approximately $1.8 billion, with a focus on renewable and energy storage projects, resulting in a compound annual growth rate of 10% for rate base.
Positive Regulatory Environment
Collaborative and constructive regulatory environment in Iowa and Wisconsin, with support for rate review settlements and additional renewable projects.
Sustainability and Clean Energy Leadership
Continued investment in renewable generation and energy storage, with over 40% of 2025 to 2028 capital expenditure plan allocated to wind, solar, and energy storage.
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LNT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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LNT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 31, 2024 | $60.00 | $57.74 | -3.77% |
| Aug 01, 2024 | $56.15 | $56.65 | +0.89% |
| May 02, 2024 | $50.01 | $50.01 | 0.00% |
| Feb 15, 2024 | $47.14 | $47.09 | -0.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Alliant Energy (LNT) report earnings?
Alliant Energy (LNT) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Alliant Energy (LNT) earnings time?
Alliant Energy (LNT) earnings time is at Feb 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LNT EPS forecast?
LNT EPS forecast for the fiscal quarter 2024 (Q4) is $0.7.
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