Alliant Energy(LNT)

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Why Alliant Energy (LNT) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-04-22 17:15
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Alliant Energy (LNT) , which belongs to the Zacks Utility - Electric Power industry.This electric and gas utility parent company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.27%.For the last reported quarter, Alliant Energy came out with earnings ...
Plug Into Alliant Energy To Power Your Dividend Growth
Seeking Alpha· 2025-04-08 09:23
Last week, in an article about FirstEnergy Corporation ( FE ) for Seeking Alpha, I discussed how President Trump's then-potential tariff policies had shaken my confidence in the market and that, in an effort to bolsterThe Low-Budget Dividend Investor is your prototypical Generation X-er: an over-educated, under-funded middle-aged guy looking for ways to increase his income in a difficult economic environment. He favors the conservative, income-generating strategies more frequently associated with those port ...
Alliant Energy Rides on Strategic Investments & Clean Portfolio
ZACKS· 2025-03-14 15:20
Alliant Energy Corporation’s (LNT) systematic investment plans in natural gas projects and stable returns from regulated assets should further drive its bottom line. The company’s focus on electricity generated from clean assets is likely to help serve its expanding customer base.However, LNT faces risks related to its dependence on third-party assets for transmission activity.Factors Acting in Favor of LNTAlliant Energy plans to invest substantially over the next four years to strengthen the electric and g ...
Alliant Energy(LNT) - 2024 Q4 - Annual Report
2025-02-21 21:46
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Name of Registrant, State of Incorporation, Address of Principal Executive Offices, Telephone Number, Commission File Number, IRS Employer Identification ...
Alliant Energy(LNT) - 2024 Q4 - Earnings Call Presentation
2025-02-21 20:11
February 21, 2025 Q4 2024 Earnings Call Cautionary Statements Forward-looking Statements The information regarding forecasted earnings per share, forecasted dividend levels, forecasted effective income tax rates, financing plans and regulatory plans contain forward-looking statements. Actual results could differ materially because the realization of those results is subject to many uncertainties, including: the state of the economy in the service territories of IPL and WPL; state and federal legislation and ...
Alliant Energy(LNT) - 2024 Q4 - Earnings Call Transcript
2025-02-21 20:11
Financial Data and Key Metrics Changes - Ongoing earnings for 2024 were reported at $3.04 per share, an increase from $2.82 per share in 2023, reflecting a compounded annual earnings growth rate exceeding 6% over the last ten years [25][26] - Cash flows from operations increased by approximately $300 million or 35% compared to 2023, primarily due to successful monetization of tax credits and improved recoveries of infrastructure investments [32][33] - Average retail electric rates increased by approximately 2% for IPL and 1% for WPL, both below the US rate of inflation in 2024 [29][30] Business Line Data and Key Metrics Changes - The company successfully commissioned 1.5 gigawatts of solar energy investments, adding to its 1.8 gigawatt wind generation fleet, reinforcing its leadership in regulated owned renewables [11] - O&M expenses, excluding non-GAAP adjustments, were approximately $30 million less than in 2023, demonstrating effective cost management [27] - The restructuring activities in Q4 2024 resulted in a 5% reduction in workforce, which is expected to provide sustainable cost savings in the future [28] Market Data and Key Metrics Changes - The company secured commitments with signed agreements of up to 1.9 gigawatts of data center load at its Big Cedar site in Cedar Rapids, indicating strong demand in the data center market [12] - The average retail natural gas rates declined by approximately 10% compared to 2023, despite base rate increases implemented by both utilities [30] Company Strategy and Development Direction - The company is focused on economic development and has introduced legislation in Iowa to support growth, including non-contested integrated resource plan filings and advanced rate making [14][15] - The company aims to expand its competitive advantage through sustainable growth and long-term value creation, emphasizing affordability and customer value [39] - The company plans to utilize a combination of existing capacity, new generation, demand response, and capacity purchases to meet growing energy demands [18][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving a long-term earnings growth target of 5% to 7%, supported by strategic investments and regulatory outcomes [34] - The management highlighted the importance of adapting to customer needs and maintaining flexibility in resource planning to attract new customers [88][90] - The company is committed to strengthening the energy grid and enhancing regional grid stability through MISO transmission investments [21][22] Other Important Information - The company has filed for an individual customer rate for one of the new data centers in Cedar Rapids and plans to file for a second contract in Q1 [13] - The company anticipates updating its 2025 to 2028 financing plans in conjunction with its next capital expenditure update [35] - The company is actively pursuing regulatory initiatives to enhance reliability and resiliency of its energy facilities [36] Q&A Session Summary Question: Can you provide more color on where you see yourself within the five to seven percent growth range? - Management indicated that Q1 will provide a clearer outlook, including the 1.9 gigawatts associated with the Cedar Rapids build-out and the new Wisconsin facility [48] Question: What is the associated equity needs with incremental CapEx? - Management stated that approximately 45% to 50% of any new capital additions are expected to be financed through equity, with the remainder through debt issuances [59] Question: What are the key drivers for the upcoming Wisconsin rate review? - Management noted that the key drivers include rate base additions from completed solar and battery storage projects, as well as advanced gas path projects [63] Question: How confident are you in serving a strong number of potential data center customers? - Management expressed confidence in their ability to attract economic development and serve new customers, emphasizing a flexible resource planning process [85][87] Question: How does the proposed legislation in Iowa impact flexibility in resource planning? - Management indicated that the legislation is relatively neutral, allowing for more frequent filings and adaptability to customer needs [90] Question: Can you discuss the flexible rate structure being considered in Iowa? - Management explained that the individual customer rate construct allows for customized contracts for specific customer needs, with further expansions proposed in the legislation [106][107]
Alliant Energy's Q4 Earnings Top Estimates, Revenues Rise Y/Y
ZACKS· 2025-02-21 14:46
Alliant Energy Corporation (LNT) reported fourth-quarter 2024 operating earnings of 70 cents per share, which beat the Zacks Consensus Estimate of 68 cents by 2.9%. The bottom line also rose 45.8% from the year-ago quarter’s figure of 48 cents.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.LNT’s RevenuesRevenues totaled $0.976 billion, which missed the Zacks Consensus Estimate of $1.196 billion by 18.4%. However, the top line increased 1.6% from the year-ago quarter’s figure of $0.96 ...
Alliant Energy (LNT) Q4 Earnings Beat Estimates
ZACKS· 2025-02-21 01:15
Alliant Energy (LNT) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.94%. A quarter ago, it was expected that this electric and gas utility parent company would post earnings of $1.11 per share when it actually produced earnings of $1.15, delivering a surprise of 3.60%.Over the last ...
Alliant Energy(LNT) - 2024 Q4 - Annual Results
2025-02-20 23:08
Exhibit 99.1 Alliant Energy Corporation Corporate Headquarters 4902 North Biltmore Lane Madison, WI 53718-2148 www.alliantenergy.com News Release FOR IMMEDIATE RELEASE Media Hotline: (608) 458-4040 Investor Relations: Susan Gille (608) 458-3956 ALLIANT ENERGY ANNOUNCES 2024 RESULTS MADISON, Wis. - February 20, 2025 - Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for 2024 and 2023 as f ...
Alliant Energy to Release Q4 Earnings: Here's What to Expect
ZACKS· 2025-02-14 20:01
Alliant Energy (LNT) is scheduled to release fourth-quarter 2024 results on Feb. 20, after market close. The company delivered a negative earnings surprise of 19.7% in the last reported quarter.See the Zacks Earnings Calendar to stay ahead of market-making news.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Key Factors That Might Have Impacted LNT's Q4 PerformanceIn September 2024, the IUC issued an order authorizing annual base rate increases of $185 million for ...