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Aditya Sarawgi

FOUND: Alliant energy earnings preview what to expect | Mind Blowing Facts

Alliant Alliant Energy LNT

Madison, Wisconsin-based Alliant Energy Corporation (LNT) operates as a utility holding company, providing regulated electricity and natural gas services. Valued at $15.2 billion by market cap, Alliant serves nearly 1 million electric and 425,000 natural gas retail customers across Iowa and Wisconsin.

The utility major is expected to announce fourth-quarter results on Thursday, Feb. 20. Ahead of the event, analysts expect Alliant Energy to report a non-GAAP profit of $0.68 per share, up a staggering 41.7% from $0.48 per share reported in the year-ago quarter. While the company has surpassed Wall Street’s earnings expectations once over the past four quarters it has missed the estimates on three other occasions. Its adjusted EPS for the last reported quarter increased 9.5% year-over-year to $1.15, exceeding the consensus estimates by 3.6%.

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