Alliant Energy's Q3 Earnings Beat Estimates, Revenues Rise Y/Y

Zacks11-01

Alliant Energy Corporation LNT reported third-quarter 2024 operating earnings of $1.15 per share, which beat the Zacks Consensus Estimate of $1.11 by 3.6%. The bottom line also rose 9.5% from the year...

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The bottom line also rose 9.5% from the year...</p>\n\n<a href=\"https://finance.yahoo.com/news/alliant-energys-q3-earnings-beat-125800684.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alliant Energy's Q3 Earnings Beat Estimates, Revenues Rise Y/Y</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlliant Energy's Q3 Earnings Beat Estimates, Revenues Rise Y/Y\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-01 20:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/alliant-energys-q3-earnings-beat-125800684.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alliant Energy Corporation LNT reported third-quarter 2024 operating earnings of $1.15 per share, which beat the Zacks Consensus Estimate of $1.11 by 3.6%. The bottom line also rose 9.5% from the year...</p>\n\n<a href=\"https://finance.yahoo.com/news/alliant-energys-q3-earnings-beat-125800684.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LNT","symbol_name":"美国联合能源","start_time":0,"source_url":"https://finance.yahoo.com/news/alliant-energys-q3-earnings-beat-125800684.html","article_id":"2480913880","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/LPek.kDsQsLlIDZfJIINyA--~B/aD0zNTI7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/e0c9b6c65930e750bd5a813e46972934"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480913880","pubTimestamp":1730465880,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Alliant Energy Corporation LNT reported third-quarter 2024 operating earnings of $1.15 per share, which beat the Zacks Consensus Estimate of $1.11 by 3.6%. The bottom line also rose 9.5% from the year-ago quarter’s $1.05 per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Revenues totaled $1.081 billion, which beat the Zacks Consensus Estimate of $1.080 billion by 0.1%. The top line also increased 0.4% from the year-ago quarter’s $1.077 billion.Alliant Energy Corporation Price, Consensus and EPS Surprise. Alliant Energy Corporation price-consensus-eps-surprise-chart | Alliant Energy Corporation Quote. CenterPoint Energy, Inc. CNP reported third-quarter 2024 adjusted earnings of 31 cents per share, which missed the Zacks Consensus Estimate of 36 cents by 13.9%. The bottom line also deteriorated by 22.5% from the year-ago figure.CNP generated revenues of $1.86 billion, which missed the Zacks Consensus Estimate of $1.88 billion by 1.2%. The top line also cam","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LNT":"美国联合能源","NEP":"Nextera Energy Partners","CNP":"中点能源","AGR":"Avangrid, Inc.","NEE":"新纪元能源"},"translate_title":"Alliant Energy第三季度盈利超出预期，收入同比增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"LNT":1,"AGR":0.9,"CNP":0.9,"NEE":0.9,"NEP":0.9},"content_text":"Alliant Energy Corporation LNT reported third-quarter 2024 operating earnings of $1.15 per share, which beat the Zacks Consensus Estimate of $1.11 by 3.6%. The bottom line also rose 9.5% from the year-ago quarter’s $1.05 per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.\nLNT’s Revenues \nRevenues totaled $1.081 billion, which beat the Zacks Consensus Estimate of $1.080 billion by 0.1%. The top line also increased 0.4% from the year-ago quarter’s $1.077 billion.\n\nAlliant Energy Corporation Price, Consensus and EPS Surprise\n  \nAlliant Energy Corporation price-consensus-eps-surprise-chart | Alliant Energy Corporation Quote\n\nLNT’s Operational Highlights \nTotal operating expenses were $768 million in the quarter, up 1.7% from $755 million in the year-ago period. This was due to higher electric transmission service expenses, higher cost of gas sold, and increased depreciation and amortization expenses.Operating income totaled $313 million, down 2.8% from the year-ago reported figure.Interest expenses amounted to $114 million, 15.2% higher than the actual of the prior-year period.The company’s retail electric and retail gas customers increased 0.8% and 0.6%, respectively, year over year.LNT reported total utility electric sales of 8,856 thousand megawatt-hours (MWh), down 2% from the year-ago quarter’s reported figure.Total utility gas sold and transported was 33,520 thousand dekatherms, up 1.4% year over year.\nLNT’s Financial Update \nCash and cash equivalents amounted to $827 million as of Sept. 30, 2024 compared with $62 million as of Dec. 31, 2023.Long-term debt (excluding the current portion) totaled $9.25 billion as of Sept. 30, 2024, higher than $8.23 billion recorded as of Dec. 31, 2023.Cash flow from operating activities in the first nine months of 2024 totaled $913 million compared with $622 million in the year-ago period.\nLNT’s 2024 Guidance \nAlliant Energy narrowed its 2024 earnings guidance in the range of $2.99-$3.06 per share compared to its earlier guidance range of $2.99-$3.13. The projection considers the average temperature in its service territories, execution of cost controls and the consolidated effective tax rate of 15%. The Zacks Consensus Estimate for earnings is pegged at $3.05 per share, higher than the midpoint of the company’s guided range.\nLNT’s Zacks Rank \nAlliant Energy currently carries a Zacks Rank #4 (Sell).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nRecent Utility Releases \nCenterPoint Energy, Inc. CNP reported third-quarter 2024 adjusted earnings of 31 cents per share, which missed the Zacks Consensus Estimate of 36 cents by 13.9%. The bottom line also deteriorated by 22.5% from the year-ago figure.CNP generated revenues of $1.86 billion, which missed the Zacks Consensus Estimate of $1.88 billion by 1.2%. The top line also came in 0.2% lower than the year-ago reported figure.NextEra Energy, Inc. NEE reported third-quarter 2024 adjusted earnings of $1.03 per share, which beat the Zacks Consensus Estimate of 98 cents by 5.1%. The bottom line also improved nearly 12.8% year over year.  In the third quarter, NextEra Energy’s operating revenues were $7.56 billion, which lagged the Zacks Consensus Estimate of $8.45 billion by 10.5%. However, the top line improved 5.5% year over year.Avangrid, Inc. AGR reported third-quarter 2024 earnings of 55 cents per share, which surpassed the Zacks Consensus Estimate of 33 cents by 66.7%. The bottom line also increased 104% from the year-ago figure of 27 cents.Operating revenues amounted to $2.08 billion, which beat the Zacks Consensus Estimate of $2.01 billion by 3.7%. The top line also increased 5.5% from $1.97 billion reported in the comparable period of 2023.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nNextEra Energy, Inc. (NEE) : Free Stock Analysis Report\nCenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report\nAlliant Energy Corporation (LNT) : Free Stock Analysis Report\nAvangrid, Inc. (AGR) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480913880"}