Alliant Energy (LNT) to Report Q1 Earnings: What's in Store? [Yahoo! Finance]
Alliant Energy Corporation (LNT)
Last alliant energy corporation earnings: 8/1 06:00 pm
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alliantenergy.gcs-web.com
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Source: Yahoo! Finance
Let's discuss the factors that are likely to be reflected in the upcoming quarterly results. Factors to Consider The first quarter witnessed the start of electricity production from Alliant Energy's largest solar project in Iowa, which has a capacity of 4.5 megawatts (MW). A total of 50 MW of solar project in Iowa came online during the quarter. This is expected to have boosted earnings in the to-be-reported quarter. Retirement of the last coal unit at Lansing is likely to have reduced the operation and maintenance costs of the company. This must have boosted margins in the first quarter. The company benefits from the economic development in its service territories, which is creating fresh demand. However, the bottom line is likely to have been negatively impacted due to mild temperatures in its service regions. Higher depreciation expenses and financing costs might have also offset some positives. Q1 Expectations The Zacks Consensus Estimate for earnings is pegged at 66
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LNT
News
- Alliant Energy Co. (NASDAQ: LNT) had its price target raised by analysts at Wells Fargo & Company from $55.00 to $56.00. They now have an "overweight" rating on the stock.MarketBeat
- Alliant Energy Corporation (NASDAQ:LNT) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Alliant Energy First Quarter 2024 Earnings: Revenues Disappoint [Yahoo! Finance]Yahoo! Finance
- Alliant Energy (LNT) Q1 Earnings Disappoint, Sales Fall Y/Y [Yahoo! Finance]Yahoo! Finance
- Alliant Energy reports fall in first quarter profit on unfavorable weather [Yahoo! Finance]Yahoo! Finance
LNT
Earnings
- 5/2/24 - Miss
LNT
Sec Filings
- 5/20/24 - Form 8-K
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- LNT's page on the SEC website