Core Viewpoint - Alliant Energy (LNT) is set to release its first-quarter 2025 results on May 8, following a previous negative earnings surprise of 2.9% in the last quarter [1] Group 1: Factors Impacting Q1 Performance - The company placed two solar projects with a combined capacity of 200 megawatts (MW) into service during Q4 2024, along with the 50-MW Creston Solar Project, which is expected to power approximately 40,000 homes annually, likely boosting financial performance in Q1 [2] - An order from the IUC authorized annual base rate increases of $185 million for retail electric customers and $10 million for retail gas customers, effective from October 2024 through September 2025, which is expected to enhance revenue in the upcoming quarter [3] - Severe storms in March 2025 caused significant power outages and disruptions, potentially leading to higher operating expenses for restoration, which may offset some positive impacts on financial performance [4] Group 2: Q1 Expectations - The Zacks Consensus Estimate for earnings is 57 cents per share, reflecting a year-over-year decline of 8.1% [5] - The Zacks Consensus Estimate for revenues is $1.13 billion, indicating a year-over-year increase of 9.2% [5] - Total electricity delivered is estimated at 8,442.6 megawatt-hours (MWh), representing a 1.1% year-over-year increase [5] Group 3: Earnings Prediction - The company's Earnings ESP is +9.88%, suggesting a favorable outlook for an earnings beat this quarter [6] - Alliant Energy currently holds a Zacks Rank of 3, indicating a neutral outlook [7]
Alliant Energy to Release Q1 Earnings: Here's What to Expect