Why Alliant Energy (LNT) is Poised to Beat Earnings Estimates Again

Core Insights - Alliant Energy (LNT) is positioned to potentially continue its earnings-beat streak in upcoming reports, particularly within the Zacks Utility - Electric Power industry [1] - The company has a history of beating earnings estimates, with an average surprise of 3.27% over the last two quarters [1] Earnings Performance - In the last reported quarter, Alliant Energy achieved earnings of $0.70 per share, surpassing the Zacks Consensus Estimate of $0.68 per share, resulting in a surprise of 2.94% [2] - In the previous quarter, the company reported earnings of $1.15 per share against an expected $1.11 per share, delivering a surprise of 3.60% [2] Earnings Estimates and Predictions - Estimates for Alliant Energy have been trending higher, influenced by its history of earnings surprises [5] - The stock currently has a positive Zacks Earnings ESP of +3.57%, indicating increased analyst optimism regarding its near-term earnings potential [8] - The combination of a positive Earnings ESP and a Zacks Rank 3 (Hold) suggests a strong possibility of another earnings beat [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [6] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7]