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Jun 30, 2023
Alliant Energy Q2 2023 Earnings Report
Announced second quarter 2023 results, reaffirming 2023 earnings guidance range.
Key Takeaways
Alliant Energy Corporation announced GAAP earnings per share of $0.64 for the second quarter of 2023, compared to $0.63 in 2022. The company reaffirmed its 2023 earnings guidance range of $2.82 - $2.96.
Second quarter GAAP earnings per share was $0.64 in 2023, compared to $0.63 in 2022.
Utilities and Corporate Services generated $0.65 per share of GAAP EPS in the second quarter of 2023.
Non-utility and Parent operations generated $(0.04) per share of GAAP EPS in the second quarter of 2023.
Reaffirming 2023 earnings guidance range of $2.82 - $2.96
Revenue by Segment
Forward Guidance
Alliant Energy is reaffirming its consolidated EPS guidance for 2023 of $2.82 - $2.96.
Positive Outlook
- Ability of Interstate Power and Light Company (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 including corporate tax reform in Iowa
- Changes in credit loss liabilities related to guarantees
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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