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Jun 30, 2021
Alliant Energy Q2 2021 Earnings Report
Announced second quarter earnings with EPS of $0.57 versus $0.54 in 2020.
Key Takeaways
Alliant Energy reported a solid financial performance for Q2 2021, with earnings per share (EPS) of $0.57 compared to $0.54 in the same period last year. The company is currently tracking toward the upper half of its 2021 earnings guidance range.
Second quarter earnings per share were $0.57 in 2021 versus $0.54 in 2020.
Utilities and Corporate Services generated $0.51 per share of GAAP EPS, $0.03 per share higher than the second quarter of 2020.
Higher revenue requirements primarily due to increasing rate base, as well as warmer temperature impacts on electric sales, drove the higher EPS.
Tracking toward the upper half of 2021 earnings guidance range of $2.50 to $2.64.
Alliant Energy
Alliant Energy
Alliant Energy Revenue by Segment
Revenue by Segment
Electric utility Revenue
CapyFin.comGas utility Revenue
CapyFin.comOther utility Revenue
CapyFin.comNon-utility Revenue
CapyFin.com Forward Guidance
Alliant Energy’s consolidated EPS guidance of $2.50 - $2.64 for 2021 remains unchanged.
Positive Outlook
- 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
Challenges Ahead
- 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
Revenue & Expenses
Visualization of income flow from segment revenue to net income