NASDAQ$LNT

Alliant Energy Corp · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Alliant Energy announced Q4 2019 earnings, with GAAP EPS of $0.46 and non-GAAP EPS of $0.44. The results were influenced by higher revenue requirements due to increasing rate base and adjustments related to ATC ROE reserve.

Alliant Energy reported solid financial results for Q4 2019. GAAP EPS was $0.46, while non-GAAP EPS was $0.44, excluding ATC ROE reserve adjustments. The company's performance was driven by higher revenue requirements, partially offset by increased depreciation and interest expenses.

  • Alliant Energy's Q4 2019 GAAP EPS was $0.46, and non-GAAP EPS was $0.44.
  • The results reflect higher revenue requirements primarily from increasing rate base.
  • Earnings were affected by ATC ROE reserve adjustments.
  • Alliant Energy is focused on renewable energy investments and grid modernization.

Headline financials

Total Revenue

$880M

Previous: $874M+0.8%
EPS (adj)

$0.44

Previous: $0.36+22.2%
Book value per share

$21.24

No prior period
Quarterly common dividend rate per share

$0.35

No prior period
Total electric sales (000s MWh)

7.9M

No prior period
Total gas sold and transported (000s dekatherms)

44.6M

No prior period
Capital Expenditures

$636M

Previous: $554M+14.9%
Free Cash Flow

-$485M

Previous: -$468M-3.6%
Net Income

$114M

Previous: $85.3M+33.6%
Operating Income

$161M

Previous: $121M+32.5%
Gross Profit

$331M

Previous: $277M+19.7%
Cash & Equivalents

$16M

Previous: $20.9M-23.4%
Total Assets

$16.7B

Previous: $15.4B+8.3%

Revenue & EPS history

Alliant Energy · Revenue · Quarterly

$880M

Q4 2019+0.8%vs Q4 2018
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Alliant Energy · $880M total across 4 segments · Q4 2019

  • Electric utility
    $713M
  • Gas utility
    $133M
  • Non-utility
    $21M
  • Other utility
    $13.3M

Forward guidance

Alliant Energy's consolidated EPS guidance of $2.34 to $2.48 for 2020 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, regulations or regulatory policies
  • 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 Q4 2019

Historical avgQ4 2019

+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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