Alliant Energy Corporation (NASDAQ:LNT ) Q2 2024 Earnings Call August 2, 2024 10:00 AM ET Company Participants Susan Gille - Investor Relations John Larsen - Executive Chairman Lisa Barton - President and Chief Executive Officer Robert Durian - Executive Vice President and Chief Financial Officer Conference Call Participants Nathan Richardson - Barclays Andrew Weisel - Scotiabank Paul Zimbardo - Jefferies Alex Mortimer - Mizuho Securities Operator Thank you for holding, and welcome to Alliant Energy's Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Today's conference call is being recorded.

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.

Utility firm Alliant Energy said on a post-earnings call on Friday that it has executed multiple power supply deals with data centers.

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.

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for the three months ended June 30 as follows:   GAAP EPS   Non-GAAP EPS     2024       2023       2024       2023   Utilities and Corporate Services $ 0.33     $ 0.65     $ 0.56     $ 0.65   American Transmission Company (ATC) Holdings   0.04       0.03       0.04       0.03   Non-utility and P.

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).

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has scheduled its second quarter 2024 earnings release for Thursday, August 1st, after market close. A conference call to review the second quarter results is scheduled for Friday, August 2nd at 9 a.m. CT. Alliant Energy will webcast the event live at www.alliantenergy.com/investors. The call is open to the public and will be hosted by John Larsen, Executive Chairman, Lisa Barton, President and CEO; and Robert Durian, Exec.

High-quality electric utilities offer a low-risk way to cash in on the ongoing artificial intelligence revolution. Alliant Energy is an electric and gas utility positioned to become a Dividend Aristocrat later this decade. The company just issued $375 million in unsecured notes at attractive terms.

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Finance, LLC (“AEF”), a wholly owned subsidiary of Alliant Energy Corporation (the “Company”) (NASDAQ: LNT), announced the pricing of a private offering of $375 million aggregate principal amount of 5.400% senior unsecured notes. The senior notes will be due on June 6, 2027. The closing of the offering is expected to occur on June 6, 2024, subject to customary closing conditions. The Company will fully and unconditionally guarantee the notes on a s.

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