Alliant Energy Corp reports results for the quarter ended in June - Earnings Summary

Alliant Energy

04/08/2023 01:13

* Alliant Energy Corp  LNT.OQ  reported quarterly adjusted
earnings of 64 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 57 cents per share.
    * Revenue fell 3.3% to $912.00 million from a year ago;
analysts
expected $956.42 million. 
    * Alliant Energy Corp's reported EPS for the quarter was 64
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Alliant Energy Corp shares had risen by 1.5% this
quarter and
lost 3.5% so far this year.
    * The company reported quarterly net income of $160 million.
    * Wall Street's median 12-month price target for Alliant
Energy
Corp is $58.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 12:13 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.57           0.64           Beat
 Mar. 31 2023      0.73           0.65           Missed
 Dec. 31 2022      0.47           0.47           Met
 Sep. 30 2022      1.01           0.93           Missed