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Sep 30, 2021
Alliant Energy Q3 2021 Earnings Report
Alliant Energy announced third quarter earnings, reporting GAAP EPS of $1.02 and narrowing 2021 earnings guidance range.
Key Takeaways
Alliant Energy reported a consistent third quarter, with GAAP earnings per share of $1.02, compared to $0.98 in 2020. The company increased and narrowed its 2021 earnings guidance range to $2.61 - $2.67 and provided 2022 earnings guidance range of $2.65 - $2.79. The board of directors approved a 6% increase in the annual common stock dividend target, raising it to $1.71 per share for 2022.
Third quarter GAAP earnings per share was $1.02 in 2021 compared to $0.98 in 2020
Increased and narrowed 2021 earnings guidance range to $2.61 - $2.67
Provided 2022 earnings guidance range of $2.65 - $2.79 and 2022 annual common stock dividend target of $1.71
Increased forecasted 2021 - 2025 net capital expenditures to $7 billion in aggregate
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 issued EPS guidance for 2022 of $2.65 - $2.79.
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