NASDAQ$LNT

Alliant Energy Corp · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Alliant Energy's first quarter GAAP earnings per share was $0.77, compared to $0.68 in 2021, and reaffirmed the 2022 earnings guidance range of $2.67 to $2.81.

Alliant Energy had a solid start to the year, achieving more than 25% of its 2022 guidance midpoint in the first quarter. The company reaffirmed its 2022 earnings guidance range of $2.67 to $2.81. They also received verbal approval for 414 megawatts of additional solar generation in Wisconsin.

  • First quarter GAAP earnings per share was $0.77 in 2022 compared to $0.68 in 2021
  • Reaffirmed 2022 earnings guidance range of $2.67 to $2.81
  • Received verbal approval for 414 megawatts of additional solar generation in Wisconsin
  • Utilities and Corporate Services generated $0.73 per share of GAAP EPS

Headline financials

Total Revenue

$1.07B

Previous: $901M+18.5%
EPS (adj)

$0.77

Previous: $0.68+13.2%
Book value per share

$24.23

Previous: $23.05+5.1%
Quarterly common dividend rate per share

$0.43

Previous: $0.40+6.2%
Capital Expenditures

-$307M

Previous: -$214M-43.5%
Free Cash Flow

-$115M

Previous: -$40M-187.5%
Net Income

$192M

Previous: $174M+10.3%
Operating Income

$248M

Previous: $198M+25.3%
Gross Profit

$930M

Previous: $767M+21.3%
Cash & Equivalents

$67M

Previous: $14M+378.6%
Total Assets

$18.8B

Previous: $17.6B+7.1%

Revenue & EPS history

Alliant Energy · Revenue · Quarterly

$1.07B

Q1 2022+18.5%vs Q1 2021
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Alliant Energy · $1.07B total across 4 segments · Q1 2022

  • Electric utility
    $773M+10.3%
  • Gas utility
    $262M+54.1%
  • Non-utility
    $22M+29.4%
  • Other utility
    $11M-15.4%

Forward guidance

Alliant Energy’s consolidated guidance of $2.67 to $2.81 earnings per share for 2022 remains unchanged.

Tailwinds

  • Ability of IPL and WPL to earn their authorized rates of return
  • Stable economy and resulting implications on utility sales
  • Normal temperatures in its utility service territories
  • Execution of cost controls
  • Execution of capital expenditure and financing plans

Headwinds

  • Impacts of any material non-cash valuation adjustments
  • Regulatory-related charges or credits
  • Reorganizations or restructurings
  • Future changes in laws including corporate tax reform in Iowa
  • Adjustments made to deferred tax assets and liabilities from valuation allowances

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.5%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.0%

Avg return

30 days after

65%

44 / 68 earnings

Positive

+3.9%

Q1 2020

Best reaction

-5.2%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%-1.5%-2.5%
Q4 2025+2.1%+1.8%-1.9%
Q3 2025+0.9%+2.1%-1.9%
Q1 2025+1.1%-1.0%-1.0%
Q4 2024+1.9%+3.8%+2.3%
Q3 2024-2.6%-2.0%+6.6%
Q2 2024+2.6%+0.1%+4.7%
Q1 2024+1.0%+1.5%+2.2%
Q4 2023+1.5%+1.3%+1.6%
Q3 2023+3.2%+1.0%+4.0%
Q2 2023-3.7%-3.3%-6.6%
Q1 2023+1.2%-0.1%-4.5%
Q4 2022-1.0%-3.7%-2.7%
Q3 2022+0.5%+2.3%+3.4%
Q2 2022+0.0%+0.9%+0.4%
Q1 2022-3.3%-5.0%+4.9%
Q4 2021+1.4%+0.7%+7.1%
Q3 2021-0.0%-1.8%+0.9%
Q2 2021+1.5%+1.0%+2.6%
Q1 2021+2.0%+2.4%+4.5%
Q4 2020-1.2%+0.0%+7.3%
Q3 2020+2.1%-1.3%-2.6%
Q2 2020+3.5%+1.5%+0.8%
Q1 2020+3.9%+0.5%+9.7%
Q4 2019-0.6%-2.5%-31.6%
Q3 2019-0.4%-0.2%+2.7%
Q2 2019+1.2%+1.8%+5.9%
Q1 2019+0.9%+0.2%+1.5%
Q4 2018+1.1%+0.6%+5.3%
Q3 2018+2.0%+3.9%+6.4%
Q2 2018+0.9%+0.5%+1.1%
Q1 2018+1.0%+0.3%-5.1%
Q4 2017+2.1%+0.5%+2.1%
Q3 2017+1.8%+2.6%+4.1%
Q2 2017+0.3%+1.5%+4.0%
Q1 2017+1.1%+0.9%+6.1%
Q4 2016+2.3%+2.1%+3.8%
Q3 2016-0.4%+4.1%-2.7%
Q2 2016+0.4%-2.1%-5.7%
Q1 2016+1.7%
Q4 2015+2.4%
Q3 2015-5.2%
Q2 2015-0.3%
Q1 2015-1.2%
Q4 2014+1.4%
Q3 2014-0.5%
Q2 2014-1.4%
Q1 2014-1.3%
Q4 2013+0.5%
Q3 2013+0.9%
Q2 2013-0.9%
Q1 2013-0.8%
Q4 2012+1.0%
Q3 2012+1.9%
Q2 2012+0.5%
Q1 2012-2.7%
Q4 2011-1.1%
Q2 2011-1.1%
Q3 2011+1.1%
Q1 2010+2.1%
Q1 2011-0.5%
Q4 2008+1.5%
Q4 2010+1.5%
Q3 2009-0.7%
Q3 2010-0.7%
Q2 2010+0.5%
Q4 2009+0.5%
Q2 2009+0.5%

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