Alliant Energy(US:LNT) ZACKSยท2025-05-09 17:30Core Insights - Alliant Energy Corporation (LNT) reported first-quarter 2025 operating earnings of 83 cents per share, exceeding the Zacks Consensus Estimate of 57 cents by 45.6% and increasing 33.9% from the previous year's 62 cents [1] - Revenues for LNT totaled $1.128 billion, slightly surpassing the Zacks Consensus Estimate of $1.126 billion by 0.17% and reflecting a 9.4% increase from $1.031 billion in the same quarter last year [1] Financial Performance - Total operating expenses were $871 million, up 7.7% from $809 million in the year-ago period, driven by higher electric production fuel and purchased power costs [2] - Operating income reached $257 million, marking a 15.8% increase from the previous year's figure [2] - Interest expenses rose to $119 million, an increase of 11.2% from the prior-year period [2] Customer and Sales Metrics - The number of retail electric customers increased by 0.7% and retail gas customers by 0.6% year over year [3] - Total utility electric sales were 8,257 thousand megawatt-hours, down 1.1% from the year-ago quarter [3] - Total utility gas sold and transported was 54,828 thousand dekatherms, up 1.5% year over year [3] Financial Position - As of March 31, 2025, cash and cash equivalents were $25 million, down from $81 million as of December 31, 2024 [4] - Long-term debt totaled $8.58 billion, a decrease from $8.68 billion as of December 31, 2024 [4] - Cash flow from operating activities in the first quarter of 2025 was $249 million, compared to $307 million in the first quarter of 2024 [4] Future Outlook - Alliant Energy anticipates 2025 earnings in the range of $3.15-$3.25 per share, with the Zacks Consensus Estimate at $3.22 per share [5] - The company plans to invest $11.5 billion from 2025 to 2028 to enhance its infrastructure [5] Zacks Rank - Alliant Energy currently holds a Zacks Rank 3 (Hold) [6]