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Stock impact report

Alliant Energy Full Year 2023 Earnings: Misses Expectations [Yahoo! Finance]

Alliant Energy Corporation (LNT) 
Last alliant energy corporation earnings: 8/1 06:00 pm Check Earnings Report
US:NYSE Investor Relations: alliantenergy.gcs-web.com
Company Research Source: Yahoo! Finance
Net income: US$703.0m (up 2.5% from FY 2022). Profit margin: 18% (up from 16% in FY 2022). The increase in margin was driven by lower expenses. EPS: US$2.78 (up from US$2.73 in FY 2022). All figures shown in the chart above are for the trailing 12 month (TTM) period Alliant Energy Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 5.6%. Earnings per share (EPS) also missed analyst estimates by 4.0%. Looking ahead, revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Electric Utilities industry in the US. Performance of the American Electric Utilities industry. The company's share price is broadly unchanged from a week ago. Risk Analysis What about risks? Every company has them, and we've spotted 2 warning signs for Alliant Energy (of which 1 doesn't sit too well with us!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us Show less Read more
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