Alliant Energy Corp expected to post earnings of 57  cents a share - Earnings Preview

Alliant Energy

02/08/2023 03:06

* Alliant Energy Corp  LNT.OQ   LNT.O  is expected to show a
rise
in quarterly revenue when it reports  results on August 3. 
    * The Madison Wisconsin-based  company is expected to report
 a
1.4% increase in revenue to $956.42 million from $943 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Alliant Energy Corp
is
for earnings of 57 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and no "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 $58​, above​ its last closing price of $53.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.71        0.73       0.65      Missed  -10.6
 Dec. 31 2023  0.47        0.47       0.47      Met     0.1
 Sep. 30 2022  1.00        1.01       0.93      Missed  -8.2​
 Jun. 30 2022  0.58        0.58       0.63      Beat    8.2
 ​​Mar.        0.72        0.72       0.77      Beat    7
 31 2022                                                
 Dec. 31 2021  0.36        0.36       0.35      Missed  -1.8​
 Sep. 30 2021  0.95        0.96       1.02      Beat    5.8
 Jun. 30 2021  0.56        0.56       0.57      Beat    2.5
 This summary was machine generated August 2 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated