Alliant Energy Q2 2022 Earnings Report
Key Takeaways
Alliant Energy reported a GAAP earnings per share of $0.63 for the second quarter of 2022, compared to $0.57 in 2021. The company is tracking toward the upper half of its 2022 earnings guidance range.
Second quarter GAAP earnings per share was $0.63 in 2022 compared to $0.57 in 2021.
Utilities and Corporate Services generated $0.61 per share of GAAP EPS in the second quarter of 2022, which was $0.10 per share higher than the second quarter of 2021.
Non-utility and Parent operations generated ($0.01) per share of GAAP EPS in the second quarter of 2022, which was a $0.04 per share earnings decrease compared to the second quarter of 2021.
Currently tracking toward the upper half of 2022 earnings guidance range of $2.67 to $2.81 per share
Alliant Energy
Alliant Energy
Alliant Energy Revenue by Segment
Forward Guidance
Alliant Energy’s consolidated guidance of $2.67 to $2.81 earnings per share for 2022 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
- Impact of any material non-cash valuation adjustments
- Regulatory-related charges or credits
- Reorganizations or restructurings
- Future changes in laws including corporate tax reform in Iowa, 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