Alliant Energy Q2 Earnings Surpass Estimates, Revenues Miss

Core Insights - Alliant Energy Corporation (LNT) reported second-quarter 2025 operating earnings of 68 cents per share, exceeding the Zacks Consensus Estimate of 62 cents by 9.7% and reflecting a 19.3% increase from the previous year's figure of 57 cents [1][8] - Revenues for the quarter totaled $961 million, falling short of the Zacks Consensus Estimate of $987 million by 2.7%, but representing a 7.5% increase from the year-ago quarter's revenue of $894 million [2][8] - Operating income surged 71.5% year-over-year, driven by a decrease in total operating expenses, which amounted to $738 million, down 3.4% from $764 million in the prior year [3][8] Financial Performance - Total utility electric sales reached 7,767 thousand megawatt-hours, marking a 0.8% increase from the year-ago quarter, while total utility gas sold and transported was 33,273 thousand dekatherms, down 4.5% year-over-year [4] - As of June 30, 2025, cash and cash equivalents stood at $329 million, a significant increase from $81 million as of December 31, 2024, while long-term debt rose to $9.64 billion from $8.68 billion during the same period [5] - Cash flow from operating activities in the first half of 2025 totaled $492 million, compared to $562 million in the prior year [5] Guidance and Outlook - Alliant Energy reaffirmed its 2025 earnings guidance in the range of $3.15-$3.25 per share, with the Zacks Consensus Estimate for earnings at $3.21 per share, slightly above the midpoint of the company's guidance [6]