NASDAQ$LNT

Alliant Energy Corp · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Alliant Energy reported solid Q4 2024 results with steady financial performance.

Alliant Energy posted Q4 2024 GAAP EPS of $0.58, compared to $0.47 in Q4 2023, reflecting improved financial performance. Non-GAAP EPS was $0.70, up from $0.48 in the prior year. Revenue increased slightly to $976 million, driven by higher electric utility sales. Operating income stood at $222 million, an improvement from the previous year.

  • GAAP EPS for Q4 2024 was $0.58, up from $0.47 in Q4 2023.
  • Non-GAAP EPS for Q4 2024 was $0.70, up from $0.48 in Q4 2023.
  • Q4 2024 revenue reached $976 million, a slight increase from $961 million in Q4 2023.
  • Operating income improved to $222 million from $183 million in Q4 2023.

Headline financials

Total Revenue

$976M

Previous: $961M+1.6%
EPS (adj)

$0.70

Previous: $0.48+45.8%
Book value per share

$27.29

Previous: $26.46+3.1%
Quarterly common dividend rate per share

$0.48

Previous: $0.45+6.1%
Total electric sales (000s MWh)

8.1M

Previous: 7.6M+6.6%
Total gas sold and transported (000s dekatherms)

44.5M

Previous: 41.5M+7.2%
Utility retail electric customers

1.0M

No prior period
Utility retail gas customers

430.7K

No prior period
Net Income

$150M

Previous: $121M+24.0%
Operating Income

$222M

Previous: $183M+21.3%

Revenue & EPS history

Alliant Energy · Revenue · Quarterly

$976M

Q4 2024+1.6%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Alliant Energy · $1.51B total across 4 segments · Q3 2023

  • Electric utility
    $995M-4.2%
  • Gas utility
    $476M+667.7%
  • Non-utility
    $22M-4.3%
  • Other utility
    $13M+18.2%

Forward guidance

Alliant Energy reaffirmed its 2025 ongoing EPS guidance of $3.15 to $3.25 per share, supported by strong capital investment and stable utility sales.

Tailwinds

  • Affirmed 2025 EPS guidance range of $3.15 - $3.25.
  • Ongoing investments in renewable energy and energy storage projects.
  • Stable customer demand expected in utility segments.
  • Regulatory approvals secured for rate increases in Iowa and Wisconsin.
  • Continued focus on cost management and efficiency improvements.

Headwinds

  • Higher depreciation and financing expenses may impact profitability.
  • Uncertain macroeconomic conditions could affect demand.
  • Weather fluctuations continue to pose a risk to energy sales.
  • Potential regulatory changes impacting tax rates and policies.
  • Increased costs related to environmental compliance and infrastructure maintenance.

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 2024

Historical avgQ4 2024

+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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