Alliant Energy (LNT) reports lower-than-expected second-quarter earnings. The company reaffirms its earnings guidance for 2024 and continues to add new electric and natural gas customers.
Alliant Energy (LNT) came out with quarterly earnings of $0.57 per share, missing the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.64 per share a year ago.
Alliant Energy's (LNT) second-quarter results are expected to benefit from new solar projects. However, higher operation and maintenance and depreciation expenses might have impacted negatively.
Alliant Energy (LNT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Alliant Energy (LNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).