Alliant Energy (LNT) Stock

Alliant Energy Corporation (NASDAQ:LNT) will hold its Q3 2024 Earnings Conference Call on November 1, 2024, at 10:00 AM ET. The call will feature company representatives, including Susan Gille from Investor Relations, Lisa Barton, the President and CEO, and Robert Durian, the EVP and CFO. Various analysts from different financial institutions will also participate in the call.

Alliant Energy (LNT) reported quarterly earnings of $1.15 per share, which is higher than the Zacks Consensus Estimate of $1.11 per share. This is an increase compared to earnings of $1.05 per share from the same time last year.

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) has released its unaudited earnings per share (EPS) for the three months ending September 30, based on U.S. generally accepted accounting principles (GAAP) and non-GAAP. For 2024, the GAAP EPS for Utilities and Corporate Services is $1.20, compared to $1.11 in 2023, while the American Transmission Company (ATC) Holdings shows an increase from $0.03 to $0.04. The non-utility and Parent segment reported a loss of $0.09.

LNT's results for the third quarter are likely to improve due to solar projects. On the other hand, increased depreciation costs could have a negative effect.

MADISON, Wis.--(BUSINESS WIRE)--Energy Dome, a top company in long-lasting energy storage, has made a significant step forward in its commercial projects in the US by signing a supply contract for the Columbia Energy Storage Project with Alliant Energy. They have also received a competitive Cooperative Agreement award of up to $30 million from the U.S. Department of Energy's Office of Clean Energy Demonstrations, marking another important achievement in this partnership.

MADISON, Wis.--(BUSINESS WIRE)--The Board of Directors of Alliant Energy Corporation (NASDAQ: LNT) has announced a quarterly cash dividend of $0.48 per share, which will be paid on November 15, 2024, to shareholders who are on record as of October 31, 2024. The company has consistently paid dividends on common stock for 316 quarters since 1946. Alliant Energy Corporation is also listed as a member of the S&P 500 Dividend Aristocrats Index.

MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) will release its earnings for the third quarter of 2024 on Thursday, October 31st, after the market closes. A conference call to discuss these results is set for Friday, November 1st at 9 a.m. CT, and it will be available to watch live on their website at www.alliantenergy.com/investors. The call will be led by Lisa Barton, President and CEO, along with Robert Durian, Executive Vice President and CFO.

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.