Alliant Energy Corp expected to post earnings of 62 cents a share - Earnings Preview

Alliant Energy

30/04/2024 21:25

* Alliant Energy Corp  LNT.OQ   LNT.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Madison Wisconsin-based  company is expected to report
a
1.2% decrease in revenue to $1.065 billion from $1.08 billion a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Alliant Energy Corp is
for
earnings of 62 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 $53.00​, above​ its last closing price of $49.77. ​​​

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   0.53        0.55       0.48      Missed  -12.8
 Sep. 30 0001  0.93        0.93       1.05      Beat    13.2
 Jun. 30 2023  0.58        0.57       0.64      Beat    11.4​
 Mar. 31 2023  0.71        0.73       0.65      Missed  -10.6
 ​​Dec.        0.47        0.47       0.47      Met     0.1
 31 2022                                                
 Jan. 1 0001   1.00        1.01       0.93      Missed  -8.2​
 Jun. 30 2022  0.58        0.58       0.63      Beat    8.2
 Mar. 31 2022  0.72        0.72       0.77      Beat    7
 This summary was machine generated April 30 at 20:25 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)