Alliant Energy Corp expected to post earnings of $1.10 a share - Earnings Preview

Alliant Energy

29/10/2024 21:06

* Alliant Energy Corp  LNT.OQ   LNT.O  is expected to show a
fall
in quarterly revenue when it reports  results on October 31 for
the period ending September 30 2024
    * The Madison Wisconsin-based  company is expected to report
a
0.1% decrease in revenue to $1.076 billion from $1.08 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Alliant Energy Corp is
for
earnings of $1.10 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Alliant
Energy
Corp is 63.00​, above​ its last closing price of $61.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.63        0.64       0.57      Missed  -11.1
 Mar. 31 0001  0.63        0.62       0.62      Met     0.2
 Jan. 1 0001   0.53        0.55       0.48      Missed  -12.8​
 Sep. 30 2023  0.93        0.93       1.05      Beat    13.2
 ​​Jan.        0.58        0.57       0.64      Beat    11.4
 1 0001                                                 
 Mar. 31 2023  0.71        0.73       0.65      Missed  -10.6​
 Dec. 31 2022  0.47        0.47       0.47      Met     0.1
 Jan. 1 0001   1.00        1.01       0.93      Missed  -8.2
 This summary was machine generated October 29 at 21:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)