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

Alliant Energy

05/05/2023 02:47

* Alliant Energy Corp  LNT.OQ  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 73 cents per share.
    * Revenue rose 0.8% to $1.08 billion from a year ago;
analysts
expected $1.05 billion. 
    * Alliant Energy Corp's reported EPS for the quarter was 65
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Alliant Energy Corp shares had risen by 1.9% this
quarter and
lost 1.4% so far this year.
    * The company reported quarterly net income of $163 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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 01:47 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.73           0.65           Missed
 Dec. 31 2022      0.47           0.47           Met
 Sep. 30 2022      1.01           0.93           Missed
 Jun. 30 2022      0.58           0.63           Beat