Alliant EnergyNASDAQ: LNT

Alliant Energy's stock has risen significantly since my previous article and has done much better than the S&P 500. The company's future growth prospects look positive. Additionally, Alliant Energy has an A- credit rating from S&P, which is considered stable.

Alliant Energy (LNT) has announced that its second-quarter earnings were not as high as anticipated. However, the company maintains its earnings forecast for 2024 and is still gaining new customers for both electricity and natural gas.

Alliant Energy (LNT) reported quarterly earnings of $0.57 per share, which is lower than the Zacks Consensus Estimate of $0.71 per share. This is a decrease compared to earnings of $0.64 per share from the same period last year.

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 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.

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy announced it successfully completed constructing its Grant County Solar Project. The 200-megawatt (MW) solar array in Potosi, Wisconsin, can generate enough electricity to power more than 50,000 homes annually. The project's completion is the culmination of Alliant Energy's multi-phase buildout of 12 utility-scale solar projects in Wisconsin totaling 1,089 MW. This investment in a more diverse energy generation mix created more than 2,700 jobs acro.

Alliant Energy (LNT) reports a decrease in earnings and revenues for the first quarter of 2024 compared to the previous year, but sees growth in its retail electric and gas customer base.

Alliant Energy is anticipated to see positive impacts in the first quarter from new solar projects and increased capital investments, although there may be a downside due to higher depreciation costs.

Alliant Energy (LNT) is seeing positive results from its efforts to enhance current operations and prioritize the addition of sustainable assets to its portfolio.