LNT

Alliant Energy Corporation LNT reported second-quarter 2026 earnings of 65 cents per share, which missed the Zacks Consensus Estimate of 66 cents by 1.52%. The bottom line declined 4.4% from 68 cents in the year-ago quarter.GAAP earnings per share in the reported quarter were 65 cents compared with 68 cents in the year-ago quarter. Revenues totaled $971 million, missing the Zacks Consensus Estimate of $1.00 billion by 3.09%. However, the top line increased 1.04% from the year-ago quarter’s figure of $961 million. Alliant Energy Corporation price-consensus-eps-surprise-chart | Alliant Energy Corporation Quote Total operating expenses were $786 million, up 6.5% from $738 million in the year-ago period. This was primarily due to higher costs of gas sold, increased operating and maintenance expenses, and higher depreciation, amortization and other expenses compared with the prior-year period.Operating income totaled $185 million, down 17.04% from the year-ago reported figure.Interest expenses amounted to $143 million, up 15.32% from the prior-year period.LNT reported total utility electric sales of 7,546 thousand megawatt-hours, down 2.85% from the year-ago quarter’s reported figure.Total utility gas sold and transported was 35,769 thousand dekatherms, up 7.50% year over year. As of June 30, 2026, cash and cash equivalents amounted to $25 million compared with $556 million as of Dec. 31, 2025. As of June 30, 2026, long-term debt (excluding the current portion) totaled $10.64 billion, down from $10.95 billion as of Dec. 31, 2025. Cash flow from operating activities in the first half of 2026 totaled $481 million compared with $492 million in the year-ago period. Alliant Energy reaffirmed its 2026 ongoing EPS guidance of $3.36-$3.46 and maintained its long-term EPS growth target of 5-7%, while projecting results at or above the high end of that range during 2027-2029. The Zacks Consensus Estimate for 2026 earnings is pegged at $3.43 per share, higher than the midpoint of the company’s guided range. The company projects retail electric sales growth of 2-3%, including data-center construction and commissioning demand.It also expects operation and maintenance expenses to rise 3-5%, with the increase weighted toward the first half. The 2026 outlook assumes nearly $3 billion in capital expenditures, primarily weighted toward the second half of 2026. Average construction work in progress balances are expected to average $2 billion during 2026.The company's four-year capital plan totals $13.4 billion for 2026-2029. Its $2.4 billion equity plan includes $1.8 billion of executed forward contracts and $100 million through its dividend reinvestment program, leaving $500 million to address.The company signed an additional 370-megawatt electric service agreement in Iowa, with full demand expected by the end of 2030. This project will be included in the capital expenditure plan update accompanying third-quarter results.Alliant Energy has 3.4 gigawatts of total contracted demand, supporting an expected 60% increase in projected demand by 2031 from 2025 levels. The company expects the load associated with its contracted projects to ramp from 2026 through 2031.Google has energized transmission infrastructure and begun ramping toward contracted energy loads. Alliant Energy also amended its QTS 1 agreement to support an accelerated load ramp and received regulatory approval for Meta's individual customer rate in Wisconsin. Alliant Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Pinnacle West Capital PNW is scheduled to report second-quarter results on Aug. 4, before the market opens. The Zacks Consensus Estimate for sales is pegged at $1.40 billion, which suggests a year-over-year increase of 3.08%.PNW’s long-term (three to five years) earnings growth rate is 5.81%. The Zacks Consensus Estimate for 2026 sales is pinned at $5.56 billion, which implies a year-over-year improvement of 4.05%.Consolidated Edison ED is slated to report second-quarter results on Aug. 6, after market close. The Zacks Consensus Estimate for earnings is pegged at 74 cents per share, which implies a year-over-year increase of 10.45%.ED’s long-term earnings growth rate is 6.32%. The Zacks Consensus Estimate for 2026 earnings is pinned at $6.09 per share, which implies a year-over-year improvement of 6.84%.PPL Corporation PPL is scheduled to report second-quarter results on Aug. 7, before the market opens. The Zacks Consensus Estimate for sales is pegged at 35 cents per share, which implies a year-over-year growth of 9.38%.PPL’s long-term earnings growth rate is 7.52%. The Zacks Consensus Estimate for 2026 earnings is pinned at $1.94 per share, which implies a year-over-year improvement of 7.18%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alliant Energy Corporation (LNT) : Free Stock Analysis Report PPL Corporation (PPL) : Free Stock Analysis Report Consolidated Edison Inc (ED) : Free Stock Analysis Report Pinnacle West Capital Corporation (PNW) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Interested in Alliant Energy Corporation? Here are five stocks we like better. Alliant Energy reported Q2 2026 GAAP earnings of $0.65 per share and reaffirmed full-year guidance, with results trending toward the upper half of its range despite milder weather. The company raised its 2026 sales-growth outlook to 2%–3% from 1%. Large-load demand, primarily from data centers, remains a major growth driver. Alliant expects demand to increase 60% by 2031, with Google, QTS and Meta projects advancing and a potential future-load pipeline of 2–4 gigawatts. The utility is progressing with new gas, wind and energy-storage projects while planning up to $800 million in long-term debt issuance through 2026. Management maintained its expectation for more than 7% annual earnings growth from 2027 through 2029. Pharma Fire Sale: 3 Stocks the RSI Says You Shouldn’t Ignore Alliant Energy (NASDAQ:LNT) said it delivered second-quarter 2026 GAAP earnings of $0.65 per share and reaffirmed its full-year earnings guidance, with management saying results are trending in the upper half of the company’s range despite milder weather during the first half of the year. President and Chief Executive Officer Lisa Barton said the utility continues to advance a strategy centered on customer growth, regulatory support, resource planning and execution. The company expects demand to rise 60% by 2031 through five executed electric service agreements with large-load customers, primarily data-center developments. → Why SK hynix Could Be the Best AI Chip Stock to Buy Now Top 3 Stocks Bank of America Analysts Recommend Right Now “Despite milder weather during the first six months of the year, we are currently trending in the upper half of our 2026 earnings guidance range,” Barton said. Alliant said three large-load projects are already under construction under commission-approved contracts. In Cedar Rapids, Iowa, Google has energized transmission service and is expected to ramp demand according to its contracted schedule. QTS is building a seven-building data-center campus in Cedar Rapids, where initial energization of 300 megawatts is anticipated later this year. → Microsoft Just Flipped the AI Spending Narrative Overnight Massive Breakout: This ETF Signals Big Gains for Small-Cap Stocks In Beaver Dam, Wisconsin, Meta has entered vertical construction on its data-center facilities and associated infrastructure. Alliant also recently received approval in Wisconsin for an individual customer rate agreement supporting Meta’s project. The company said QTS remains active on a second Iowa project in Clinton, for which Alliant expects to file an individual customer rate application later this year. The proposed project would represent 900 megawatts of load. Alliant also previously announced a 370-megawatt Iowa data-center agreement and said its future-load pipeline represents between 2 gigawatts and 4 gigawatts of potential demand. → Carrier Earnings Could Send the Stock to a New All-Time High Barton said the company’s approach is designed to require new large-load customers to pay their own cost of service, while enabling existing customers to benefit from higher system utilization and economic development. She cited a Brattle Group study that found large electricity users can improve affordability for existing customers when structured appropriately. During the quarter, Alliant amended its Cedar Rapids agreement with QTS to allow for an accelerated load ramp using firm and non-firm transmission service. Chief Financial Officer Robert Durian said the change is not expected to materially alter the company’s capital-expenditure plan, which is already aligned with the planned ramp, but should result in higher revenue in 2027 and 2028. Durian said QTS currently has more than 40 megawatts of load in service. He also said the data-center construction activity in Cedar Rapids is producing broader economic effects, noting that Google and QTS projects together have more than 10,000 workers in a city with a population of roughly 150,000. Durian said year-over-year changes in ongoing earnings were driven by higher revenue requirements from capital investments at the company’s Iowa and Wisconsin utilities, increased equity earnings from corporate venture fund investments, and higher temperature-normalized retail electric and gas sales. Those factors were partly offset by increased operations and maintenance costs, milder temperatures, the timing of income-tax expense, and higher financing and depreciation costs. Milder weather reduced second-quarter electric and gas margins by approximately $0.03 per share, compared with a $0.02-per-share benefit in the prior-year period. Excluding weather, second-quarter electric sales rose about 3% from a year earlier, reflecting growth among Wisconsin commercial and industrial customers, particularly food-processing and manufacturing businesses. The company also said it is beginning to see demand from the initial phase of Iowa data-center load ramping. Management said it increased its 2026 sales-growth expectation to 2% to 3%, from 1% previously. Durian attributed the improvement to both faster-than-expected data-center demand and growth among the company’s existing customer base. He said higher operations and maintenance spending in the first half largely reflected timing factors, including generation outages, and investments in reliability and customer service. Alliant reported several project and regulatory advances during the quarter. In Iowa, it filed generation certificates for the 720-megawatt Morgan Valley and 1.2-gigawatt River Hawk simple-cycle natural-gas projects, as well as a certificate for an approximately 125-megawatt energy-storage project. The company began construction on the 720-megawatt Bobcat Energy Center in Marshalltown, Iowa, and the 95-megawatt Rice project in Burlington, Iowa. In Wisconsin, Alliant received approval to expand the Bent Tree Wind Farm by approximately 150 megawatts and has moved the project into construction. Alliant also placed its final two generation-enhancement projects, located at Neenah and Sheboygan, into service. The projects add 260 megawatts of near-term capacity from existing assets, according to Durian. The company said it has received approximately $50 million in Department of Energy grants for its Columbia Energy Center and Energy Dome projects. For financing, Alliant plans up to $800 million of long-term debt issuances for the remainder of 2026, including up to $300 million at Wisconsin Power and Light and up to $500 million at Interstate Power and Light. Of approximately $2.4 billion in announced common-equity needs through 2029, the company said it has raised about $1.8 billion through forward equity agreements, leaving approximately $500 million to raise through 2029, excluding its share-direct plan. Alliant maintained its expectation for compound annual earnings growth of more than 7% from 2027 through 2029. Management said it plans to update its multiyear capital-expenditure plan and provide greater detail on its longer-term earnings outlook during its third-quarter call. During the question-and-answer session, Barton said local data-center ordinances and moratorium discussions in Iowa and Wisconsin are not affecting the company’s current projects or pipeline. She said a Linn County, Iowa, moratorium applies to unincorporated areas and does not affect Cedar Rapids developments. Alliant expects to file a broader Wisconsin large-load tariff later this year following approval of the Meta rate agreement. Barton said the company’s proposed tariff would be aligned with an approach used by Xcel Energy and that Alliant’s large-load counterparties have been high quality. She added that the company does not see the evolving Wisconsin policy discussion adversely affecting its growth trajectory. The company also reiterated its commitment to avoid Iowa retail-electric rate reviews through 2029, saying additional large-load agreements could potentially extend that period. Alliant Energy Corporation (NASDAQ: LNT) is a publicly traded energy holding company headquartered in Madison, Wisconsin, that provides regulated electric and natural gas utility services in the American Midwest. The company serves customers primarily in Wisconsin and Iowa through its regulated utility subsidiaries and operates as an integrated provider responsible for generation, transmission and distribution of energy to residential, commercial and industrial customers. Alliant Energy's core activities include operating and maintaining electric generation assets, managing the regional transmission and distribution network, and delivering natural gas service to its franchise territories. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. The article "Alliant Energy Q2 Earnings Call Highlights" was originally published by MarketBeat. View MarketBeat's top stocks for July 2026.

This article first appeared on GuruFocus. GAAP Earnings per Share (EPS): $0.65 for the second quarter of 2026. 2026 Earnings Guidance: Reaffirmed, with the company currently trending in the upper half of the range. Long-Term Earnings Growth: Expects compound annual earnings growth of 7% plus across 2027 through 2029. Temperature Impact: Milder temperatures reduced second quarter electric and gas margins by approximately $0.03 per share, compared to a $0.02 benefit in the same period last year. Electric Sales Growth: Excluding temperature impacts, second quarter electric sales were approximately 3% higher year-over-year. Common Equity Needs: Raised approximately $1.8 billion of the $2.4 billion announced common equity needs through 2029 via forward equity agreements, leaving approximately $500 million to be raised through 2029. Debt Financing Plans: Remaining 2026 plans include up to $800 million of long-term issuances, consisting of up to $300 million at WPL and up to $500 million at IPL. Department of Energy Grants: Awarded approximately $50 million for Columbia Energy Center and Energy Dome projects. Warning! GuruFocus has detected 8 Warning Signs with LNT. Is LNT fairly valued? Test your thesis with our free DCF calculator. Release Date: July 31, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Alliant Energy Corp (NASDAQ:LNT) delivered strong second quarter results and is trending in the upper half of its 2026 earnings guidance range despite milder weather. The company is executing well on its growth strategy, with five executed electric service agreements expected to drive a 60% increase in demand by 2031, including projects with Google, QTS, and Meta that are already under construction. Alliant Energy Corp (NASDAQ:LNT) has proactively addressed its equity needs, raising approximately $1.8 billion of the $2.4 billion announced through 2029 via forward equity agreements, providing significant financial flexibility. The company received approximately $50 million in Department of Energy grants for its Columbia Energy Center and Energy Dome projects, supporting its investment plans. Alliant Energy Corp (NASDAQ:LNT) is seeing strong core business growth, with temperature-normalized electric sales up 3% year-over-year, driven by Wisconsin commercial and industrial customers, and is benefiting from the initial ramp of data center loads in Iowa. The company is advancing its regulatory agenda, receiving approvals for the Meta data center agreement in Wisconsin and filing for new generation projects in Iowa, positioning it well for future growth. Alliant Energy Corp (NASDAQ:LNT) expects compound annual earnings growth of 7% plus from 2027 through 2029 and plans to provide more specific long-term earnings growth targets on its third quarter call. The company's disciplined approach to large load customers ensures they pay their own way, which helps keep rates flat in Iowa and could potentially extend the rate freeze beyond 2029. Milder than normal temperatures negatively impacted second quarter electric and gas margins by approximately $0.03 per share, offsetting some of the positive drivers. Higher operations and maintenance expenses related to business growth, along with higher financing and depreciation costs, partially offset earnings growth in the quarter. The company faces political and regulatory noise in both Iowa and Wisconsin regarding data center development, with some candidates calling for moratoriums, which could create uncertainty for future growth. Alliant Energy Corp (NASDAQ:LNT) has a remaining $500 million of common equity to raise through 2029, which could lead to potential dilution for shareholders. The company's ability to extend its rate freeze in Iowa beyond 2029 is dependent on signing up additional data centers, which is not guaranteed and could be impacted by political or regulatory changes. There is potential lumpiness in annual earnings growth due to the timing of capital expenditures and load ramps, which could lead to variability in year-over-year results. The company is awaiting a FERC decision on self-funded network upgrades, and while it sees potential benefits, the outcome is uncertain and could impact its capital expenditure plans. Q: Can you provide your latest thoughts on the political backdrop in Iowa regarding data center development, given recent guarded comments from political candidates?A: Lisa Barton, President and CEO, stated that while some PJM narratives are being repeated, the math is self-explanatory: by growing, Alliant is able to keep rates flat in Iowa, and the more they grow, the longer they can do that. She emphasized that current ordinances or moratoriums are not impacting their projects or pipeline, and that data centers are focusing on transparency with communities. She noted that Iowa remains open for business, citing communities calling to ask how to get a data center in their backyard. Q: Are you married to the "plus" in your 7%+ CAGR guidance, or could you get back into a range, albeit higher, when you revisit the plan in the third quarter?A: Robert Durian, CFO, said they are looking forward to sharing more information on the third quarter call, where they will update their four-to-five-year capital expenditure plan. This will drive their confidence level in potentially changing the EPS CAGR. He indicated they are evaluating providing more transparency and specificity, possibly moving from the "plus" to a range or more specific targets for each year, acknowledging some lumpiness in annual capital expenditures. Q: Can you speak to the QTS amendments and the accelerated load ramp, and how that changes the financial plan?A: Lisa Barton highlighted that accommodating an accelerated load ramp with QTS ensures communities see benefits sooner from a property tax standpoint, benefiting other customers and shareholders. Robert Durian added that the CapEx plan is aligned with the ramp rates, so no major change is expected there. However, they expect higher revenues specifically in 2027 and 2028, which helps existing customers by allowing them to not use as many tax credits through the growth phase, potentially helping them stay out of rate cases over a longer period. Q: Can you talk about the status of the Linn County data center moratorium and how it works with your projects in Cedar Rapids?A: Lisa Barton clarified that the moratorium applies to the unincorporated area of Linn County and has no impact on their data center growth opportunities. She praised Mayor Tiffany O'Donnell of Cedar Rapids as a strong advocate who continues to highlight the real-time benefits the city is seeing from the data centers. Q: The load growth forecast for 2026 was taken up to 2%-3% from 1%. Is that a function of data centers ramping faster or better growth from the rest of the customer base? Also, the O&M number went up by a percentage pointis that one-time expenses?A: Robert Durian explained that sales are higher than expected, driven by data centers going faster than originally expected and the core business performing better. He attributed some of this to the economic benefits from data center development, citing over 10,000 construction workers in Cedar Rapids driving ancillary benefits like hotel and restaurant usage. Regarding O&M, he noted that higher temperature-normalized sales allow them to continue investing in the business for reliability. The first half of the year was as expected, with the second half expected to be lighter, though they may continue investing if retail sales remain high. Q: Within the 2 to 4 gigawatts of potential future load, is there any way to understand what you have visibility to realistically? Is it more about increasing load ramps or larger deals?A: Lisa Barton said it's a "wait-and-see" situation that will be announced with the resource plan. She emphasized that discussions with large load customers require them to have load ramps in place, land control, and time invested with communities. She noted continued inbound interest in the state and expressed confidence in their economic development efforts, with clarity to come when the resource plan is finalized. Q: Can you talk about the state of the supply chain and whether you have better visibility than in the first quarter?A: Lisa Barton stated that these discussions are not new. They work with transmission partners to determine the timing of necessary transmission upgrades and what's needed on the generation side. They issue RFPs to ensure access to generation and feel very confident in their ability to meet the needs of customers and communities as they expand. Q: Your peer in Wisconsin has heightened credit requirements circulating in the state. Does that impact how you view potential new sites in Wisconsin, and is it causing discussions to pivot towards Iowa?A: Lisa Barton noted that they will be filing a tariff in Wisconsin later this year, aligned with Xcel's slice-of-system approach. She believes it's appropriate for the commission to take a measured approach to credit requirements, as it applies to all large loads. She emphasized that Alliant has a track record of high-quality counterparties and is not seeing this adversely impact their growth trajectory. Q: Can you help size the potential benefits of FERC's policy decision on self-funded network upgrades?A: Robert Durian said it's an item they continue to monitor, awaiting a decision before knowing the full implications. There are several generation projects requiring transmission upgrades that could provide an opportunity to invest in those themselves. This could result in additional CapEx and provide customer benefits, as their cost of capital is slightly lower than the transmission company's, making it a win-win for investors and customers. Q: Can you summarize the views of the Wisconsin governor candidates on data center development, and is the likelihood of new data center development in Wisconsin much lower than in Iowa?A: Lisa Barton acknowledged the active political landscape in Wisconsin but noted the state has always enjoyed a practical approach. She said the math is self-explanatory and that The Brattle Group reinforced their approach. She expressed a desire to educate candidates on the details of what they're doing. Regarding the likelihood of new development, she said no, moratoriums and ordinances are not impacting their projects or pipeline, though Iowa has more land mass and is a larger service territory. Q: How much additional runway does the QTS ramp-up provide you with in terms of extending your stay-out from rate reviews in Iowa?A: Robert Durian reminded that they have a commitment to stay out of rate reviews in Iowa for retail electric through 2029. They are focused on adding more data centers and accelerating load, which could give them an opportunity to stay out even longer. He noted it will largely depend on how many additional data centers they sign up, and if they can add several hundred megawatts more, they could potentially go beyond For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Second quarter GAAP earnings per share were $0.65 in 2026, compared to $0.68 in 2025 Reaffirming 2026 ongoing earnings guidance range of $3.36 - $3.46 per share, currently trending in upper half of range Expected 60% load growth by 2031, large customer load expected to materialize as forecasted in 2026 MADISON, Wis., July 30, 2026--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) of $0.65 for second quarter 2026, compared to $0.68 for the second quarter of 2025. Alliant Energy reaffirmed its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46, and indicated earnings are currently trending in the upper half of the range. "We delivered another solid quarter of operating and financial performance and our full-year forecasted results are currently trending in the upper half of our full-year ongoing earnings guidance range," said Lisa Barton, Alliant Energy President and CEO. "With three data centers making significant construction progress, and meaningful progress on energy resource investments, we are positioning to accelerate earnings growth and enable significant economic development in the communities we serve; all while maintaining customer protections and reliability." In the second quarter of 2026, the primary drivers of Alliant Energy’s results were higher revenue requirements from increasing rate base at Interstate Power and Light Company (IPL) and Wisconsin Power and Light Company (WPL) of $0.09 and $0.09 per share, respectively, including investments in generation and energy storage, higher equity earnings from corporate venture investments, and higher temperature-normalized retail electric and gas sales. These items were offset by higher other operating and maintenance expense primarily related to labor and increased electric distribution and generation costs from planned maintenance activities and the addition of new energy resources, higher financing and depreciation expenses, estimated temperature impacts on retail electric and gas sales, and timing of income tax expense. Retail electric and gas sales decreased an estimated $0.03 and increased an estimated $0.02 per share in the second quarter of 2026 and 2025, respectively, due to impacts of temperatures on customer demand. Alliant Energy’s Non-GAAP, or ongoing, EPS for six months ended June 30, 2026 excludes $0.05 per share benefit related to the remeasurement of deferred tax assets, reflecting a remeasurement of estimated state income tax apportionment. This non-GAAP adjustment is presented to supplement GAAP results and highlight financial measures not typically associated with ongoing operations. 2026 Earnings Guidance Alliant Energy is reaffirming its consolidated ongoing EPS guidance for 2026 of $3.36 - $3.46 per diluted share. Assumptions for Alliant Energy’s 2026 EPS guidance include, but are not limited to: Ability of IPL and WPL to earn their authorized rates of return Normal temperatures in its utility service territories Stable economy and resulting implications on utility sales Execution of capital expenditure plans, including achievement of targeted in-service dates Execution of cost controls and financing plans Consolidated effective tax rate of (35%) The 2026 earnings guidance does not include the impacts of any material non-recurring 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 changes in forecasted state income tax apportionment and valuation allowances including further corporate tax rate changes in Iowa, changes in credit loss liabilities related to guarantees, pending lawsuits and disputes, settlement charges related to pension and other postretirement benefits plans, federal and state income tax audits and other Internal Revenue Service proceedings, impacts from changes to the authorized return on equity for American Transmission Company LLC (ATC), or changes in GAAP and tax methods of accounting that may impact the reported results of Alliant Energy. Earnings Conference Call A conference call to review the second quarter 2026 results is scheduled for Friday, July 31, 2026 at 9 a.m. Central Time. Alliant Energy President and Chief Executive Officer Lisa Barton, and Executive Vice President and Chief Financial Officer Robert Durian will host the call. The conference call is open to the public and can be accessed in two ways. Interested parties may listen to the call by dialing 833-461-5787 (Toll-Free North America) or 585-542-9983 (U.S. Local), conference ID 703 542 170. Interested parties may also listen to a webcast at www.alliantenergy.com/investors. In conjunction with the information in this earnings announcement and the conference call, Alliant Energy posted supplemental materials on its website. An archive of the webcast will be available on the Company’s website at www.alliantenergy.com/investors for 12 months. About Alliant Energy Corporation Alliant Energy is the parent company of two public utility companies - Interstate Power and Light Company and Wisconsin Power and Light Company - and of Alliant Energy Finance, LLC, the parent company of Alliant Energy’s non-utility operations. Alliant Energy, whose core purpose is to serve customers and build stronger communities, is an energy-services provider with utility subsidiaries serving approximately 1,010,000 electric and 435,000 natural gas customers. Providing its customers in the Midwest with regulated electricity and natural gas service is the Company’s primary focus. Alliant Energy, headquartered in Madison, Wisconsin, is a component of the S&P 500 and is traded on the Nasdaq Global Select Market under the symbol LNT. For more information, visit the Company’s website at www.alliantenergy.com. Forward-Looking Statements This press release includes forward-looking statements. These forward-looking statements can be identified by words such as "forecast," "expect," "guidance," or other words of similar import. Similarly, statements that describe future financial performance or plans or strategies are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Actual results could be materially affected by the following factors, among others: IPL’s and WPL’s ability to obtain adequate and timely rate relief to allow for, among other things, recovery of and/or the return on costs, including fuel costs, operating costs, transmission costs, capacity costs, costs of cancelled generation projects incurred prior to pursuing regulatory approval, including costs incurred for generation projects that are delayed, modified or no longer pursued due to changes in resource needs or plans, as well as costs of generation projects incurred prior to regulatory approval or that exceed initial estimates, deferred expenditures, deferred tax assets, tax expense, interest expense, capital expenditures, marginal costs to service new customers, and remaining costs related to electric generating units (EGUs) that have been or may be permanently closed and certain other retired assets, environmental remediation costs, and decreases in sales volumes, as well as earning their authorized rates of return, payments to their parent of expected levels of dividends, the impact of rate design on current and potential customers and demand for energy in their service territories, and the ability to obtain regulatory approval with acceptable conditions for individual customer rates for large load growth customers and WPL’s large load tariff; the impact of IPL’s retail electric base rate moratorium; the ability to obtain regulatory approval for construction projects with acceptable conditions; the ability to complete construction of generation and energy storage projects by planned in-service dates, with the expected earnings contributions and within the cost targets set by regulators due to cost increases of and access to materials, equipment and commodities, which could result from tariffs, including previously exempted tariffs related to solar project materials and equipment from certain countries, duties or other assessments, including antidumping or countervailing duties, inflation, labor issues or supply shortages, supply chain disruptions which may result from geopolitical issues, contractor performance, the ability to successfully resolve warranty issues or contract disputes, the ability to obtain adequate generator interconnection agreements to connect the new projects to Midcontinent Independent System Operator, Inc. (MISO) in a timely manner, the ability to obtain siting and environmental permits from local and state agencies and the ability of ITC Midwest LLC (ITC) and ATC to complete transmission upgrades in a timely manner; weather effects on utility sales volumes and operations; the direct or indirect effects resulting from cybersecurity incidents or attacks on Alliant Energy, IPL, WPL, or their suppliers, contractors and partners, or responses to such incidents; the impact of customer- and third party-owned generation and other non-traditional service models, including alternative electric suppliers and potential policy changes, regulatory changes, or legislation that may enable large customers to source behind-the-meter generation directly from third parties or to own or otherwise procure on-site or behind-the-meter generation or participate in co-located resource arrangements, in IPL’s and WPL’s service territories on system reliability, operating expenses and customers’ demand for electricity; economic conditions in IPL’s and WPL’s service territories, including the potential impacts of business or facility closures and tariffs; the ability and cost to attract large load growth customers and to provide sufficient generation and the ability of ITC and ATC to provide sufficient transmission capacity for potential load growth timely, including significant new commercial or industrial customers, such as data centers; the ability of potential large load growth customers to timely construct new facilities, due to local or state regulatory actions, zoning, siting, or permitting actions, public or community opposition or other factors, as well as the resulting higher system load demand by expected levels and timeframes; the impact of large load growth customers altering, delaying or cancelling planned facilities, including any resulting impacts of overbuilt or under-utilized transmission capacity or generation and energy storage assets; the impact of energy efficiency, franchise retention and customer disconnects on sales volumes and operating income; the impact that price changes may have on IPL’s and WPL’s customers’ demand for electric and gas services and their ability to pay their bills; changes in the price of delivered natural gas, transmission, purchased electric energy, purchased electric capacity and delivered coal, particularly during elevated market prices, and any resulting changes to counterparty credit risk, due to shifts in supply and demand caused by market conditions, regulations and MISO’s seasonal resource adequacy process; the ability to achieve the expected level of tax benefits for renewable generation and energy storage projects based on tax guidelines, timely beginning of construction and in-service dates, sourcing permissible amounts of construction and/or financing support from entities with ties to certain foreign countries, compliance with prevailing wage and apprenticeship requirements, project costs and the level of electricity output generated by qualifying generating facilities, and the ability to efficiently utilize the renewable generation and energy storage project tax benefits to achieve IPL’s authorized rate of return and for the benefit of IPL’s and WPL’s customers; federal and state regulatory or governmental actions, including the impact of legislation, Treasury regulations, executive orders, interpretations and guidance, and changes in public policy, including changes impacting renewable tax credits, including any repeal, modification, or reduced funding of the Inflation Reduction Act and the One Big Beautiful Bill Act, and siting generation and energy storage projects; the ability to utilize tax credits generated to date, and those that may be generated in the future, before they expire, as well as the ability to transfer tax credits that may be generated in the future at adequate pricing; the impacts of changes in the tax code, including tax rates, minimum tax rates, adjustments made to deferred tax assets and liabilities, changes in state income tax apportionment, and changes impacting the availability of and ability to transfer renewable tax credits, including preserving the qualification of any future tax credits; disruptions to ongoing operations and the supply of materials, services, equipment and commodities needed to continue to operate and maintain existing assets and to construct capital projects, which may result from geopolitical issues, tariffs, supplier manufacturing constraints, regulatory requirements, labor issues or transportation issues, and thus affect the ability to meet capacity requirements and result in increased capacity expense; inflation and higher interest rates; continued access to the capital markets on competitive terms and rates, and risks associated with potential increases in borrowing costs or reduced access to funding, and the actions of credit rating agencies; the future development of technologies related to electrification, and the ability to reliably store and manage electricity; employee workforce factors, including the ability to hire and retain employees with specialized skills, impacts from employee retirements, changes in key executives, ability to create desired corporate culture, collective bargaining agreements and negotiations, work stoppages or restructurings; disruptions in the supply and delivery of natural gas, purchased electricity and coal; changes to the creditworthiness of, or performance of obligations by, counterparties with which Alliant Energy, IPL and WPL have contractual arrangements, including large load growth customers, participants in the energy markets and fuel suppliers and transporters; the impact of penalties or third-party claims related to, or in connection with, a failure to maintain the security of personally identifiable information, including associated costs to notify affected persons and to mitigate their information security concerns; impacts that terrorist attacks may have on Alliant Energy’s, IPL’s and WPL’s operations and recovery of costs associated with restoration activities, or on the operations of Alliant Energy’s investments; changes to MISO’s interconnection or resource adequacy process establishing capacity planning reserve margin and capacity accreditation requirements that may impact how and when new and existing generating and energy storage facilities may be accredited with energy capacity, and may require IPL and WPL to adjust their current resource plans, to add resources to meet the requirements of MISO’s process or to procure capacity in the market whereby such costs might not be recovered in rates; any legislative or regulatory changes that impose mandatory integrated resource planning requirements or materially modify existing planning processes, potentially affecting resource selection, cost recovery, and the ability to meet large load growth demand for energy; any material post-closing payments related to any past asset divestitures, including the transfer of renewable tax credits, which could result from, among other things, indemnification agreements, warranties, guarantees or litigation; issues associated with environmental remediation and environmental compliance, including compliance with all current environmental and emissions laws, regulations, siting requirements, and permits and future changes in environmental laws and regulations, including the Coal Combustion Residuals Rule, Cross-State Air Pollution Rule and federal, state or local regulations for emissions reductions, including greenhouse gases, from new and existing fossil-fueled EGUs under the Clean Air Act, and litigation associated with environmental requirements; increased pressure from customers, investors and other stakeholders to more rapidly reduce greenhouse gases emissions; the timely development of technologies, innovations and advancements to provide cost effective alternatives to traditional energy sources; the ability to defend against environmental claims brought by state and federal agencies, such as the U.S. Environmental Protection Agency and state natural resources agencies, or third parties, such as the Sierra Club, and the impact on operating expenses of defending and resolving such claims; the direct or indirect effects resulting from breakdown or failure of equipment in the operation of electric and gas distribution systems, such as mechanical problems, disruptions in telecommunications, technological problems, and explosions or fires, and compliance with electric and gas transmission and distribution safety regulations, including regulations promulgated by the Pipeline and Hazardous Materials Safety Administration; issues related to the availability and operations of EGUs and energy storage facilities, including start-up risks, breakdown or failure of equipment, fires, availability of warranty coverage and successful resolution of warranty issues or contract disputes for equipment breakdowns or failures, performance below expected or contracted levels of output or efficiency, operator error, employee safety, transmission constraints, compliance with mandatory reliability standards and risks related to recovery of resulting incremental operating, capacity, fuel-related and capital costs through rates; impacts that excessive heat, excessive cold, storms, wildfires, or natural disasters may have on Alliant Energy’s, IPL’s and WPL’s operations and construction activities, and recovery of costs associated with restoration activities, or on the operations of Alliant Energy’s investments; Alliant Energy’s ability to sustain its dividend payout ratio goal; changes to costs of providing benefits and related funding requirements of pension and other postretirement benefits plans due to the market value of the assets that fund the plans, economic conditions, financial market performance, interest rates, timing and form of benefits payments, life expectancies and demographics; material changes in employee-related benefit and compensation costs, including settlement losses related to pension plans; risks associated with operation and ownership of non-utility holdings, including potential impairments and risks associated with valuation changes of investments; changes in technology that alter the channels through which customers buy or utilize Alliant Energy’s, IPL’s or WPL’s products and services; risks associated with third-party risk management practices, including vendor financial condition, operational performance, cybersecurity incidents, and compliance with contractual and regulatory requirements; risks associated with large-scale internal technology modernization initiatives, including enterprise asset management systems, operational technology/informational technology integration, cloud transformation, and digital modernization, and the potential for delays, cost overruns, or operational impacts; impacts on equity income from unconsolidated investments from changes in valuations of the assets held, as well as potential changes to ATC’s authorized return on equity; impacts of IPL’s future tax benefits from Iowa rate-making practices, including deductions for repairs expenditures and cost of removal obligations, allocation of mixed service costs and state depreciation, and recoverability of the associated regulatory assets from customers, when the differences reverse in future periods; current or future litigation, regulatory investigations, proceedings or inquiries; reputational damage from negative publicity, protests, fines, penalties and other negative consequences resulting in regulatory and/or legal actions; the direct or indirect effects resulting from pandemics; the effect of accounting standards issued periodically by standard-setting bodies; the ability to successfully complete tax audits and changes in tax accounting methods with no material impact on earnings and cash flows; and other factors listed in the "2026 Earnings Guidance" section of this press release. For more information about potential factors that could affect Alliant Energy’s business and financial results, refer to Alliant Energy’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC), including the sections therein titled "Risk Factors," and its other filings with the SEC. Without limitation, the expectations with respect to 2026 earnings guidance in this press release are forward-looking statements and are based in part on certain assumptions made by Alliant Energy, some of which are referred to in the forward-looking statements. Alliant Energy cannot provide any assurance that the assumptions referred to in the forward-looking statements or otherwise are accurate or will prove to be correct. Any assumptions that are inaccurate or do not prove to be correct could have a material adverse effect on Alliant Energy’s ability to achieve the estimates or other targets included in the forward-looking statements. The forward-looking statements included herein are made as of the date hereof and, except as required by law, Alliant Energy undertakes no obligation to update publicly such statements to reflect subsequent events or circumstances. Use of Non-GAAP Financial Measures To provide investors with additional information regarding Alliant Energy’s financial results, this press release includes reference to certain non-GAAP financial measures. These measures include income and EPS for the six months ended June 30, 2026 excluding the state income tax apportionment benefit at the Parent. Alliant Energy believes these non-GAAP financial measures are useful to investors because they provide an alternate measure to better understand and compare across periods the operating performance of Alliant Energy without the distortion of items that management believes are not normally associated with ongoing operations, and also provides additional information about Alliant Energy’s operations on a basis consistent with the measures that management uses to manage its operations and evaluate its performance. Alliant Energy’s management also uses income, as adjusted, to determine performance-based compensation. In addition, Alliant Energy included in this press release IPL; WPL; Corporate Services; Utilities and Corporate Services; ATC Holdings; and Non-utility and Parent EPS for the three and six months ended June 30, 2026 and 2025. Alliant Energy believes these non-GAAP financial measures are useful to investors because they facilitate an understanding of segment performance and trends, and provide additional information about Alliant Energy’s operations on a basis consistent with the measures that management uses to manage its operations and evaluate its performance. Reconciliation of the non-GAAP financial measures included in this press release to the most directly comparable GAAP financial measures are included in the earnings summaries that follow. Note: Unless otherwise noted, all "per share" references in this release refer to earnings per diluted share. View source version on businesswire.com: https://www.businesswire.com/news/home/20260730811350/en/ Contacts InvestorsSusan Gille(608) [email protected] Media Hotline (608) 458-4040

Alliant Energy (LNT) came out with quarterly earnings of $0.65 per share, missing the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.52%. A quarter ago, it was expected that this electric and gas utility parent company would post earnings of $0.82 per share when it actually produced earnings of $0.82, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Alliant Energy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $971 million for the quarter ended June 2026, missing the Zacks Consensus Estimate by 3.1%. This compares to year-ago revenues of $961 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Alliant Energy shares have added about 10.8% since the beginning of the year versus the S&P 500's gain of 6.9%. While Alliant Energy has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Alliant Energy was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.21 on $1.21 billion in revenues for the coming quarter and $3.43 on $4.55 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the bottom 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, Duke Energy (DUK), is yet to report results for the quarter ended June 2026. The results are expected to be released on August 4. This electric utility is expected to post quarterly earnings of $1.29 per share in its upcoming report, which represents a year-over-year change of +3.2%. The consensus EPS estimate for the quarter has been revised 2.6% higher over the last 30 days to the current level. Duke Energy's revenues are expected to be $7.71 billion, up 2.8% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alliant Energy Corporation (LNT) : Free Stock Analysis Report Duke Energy Corporation (DUK) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Alliant Energy Corporation LNT is scheduled to release second-quarter 2026 results on July 30, after market close. In the last reported quarter, the company’s earnings per share came in line with estimates.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results. Alliant Energy’s strategic investments in electric distribution, aimed at advancing electrification and distributed generation, are likely to have strengthened service reliability, improved customer experience and supported its bottom-line performance in the to-be-reported quarter.Customers across Alliant Energy’s service territories benefit from electric rates that remain below the national average, making the company’s services more attractive to prospective customers. Alliant Energy continues to expand its customer base, and the resulting increase in demand is expected to have supported its revenue performance in the quarter to be reported.Solid economic growth, expanding demand from data centers and the company’s ongoing focus on cost discipline are expected to have supported its second-quarter earnings.However, higher financing costs may have partially offset some of the positives in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pinned at $1 billion, implying a year-over-year rise of 4.3%.The Zacks Consensus Estimate for earnings is pegged at 66 cents per share, indicating a year-over-year decrease of 2.9%.The Zacks Consensus Estimate for total electricity delivered is pegged at 7,837.56 megawatt-hours (MWh), up 0.9% year over year. Our proven model does not conclusively predict an earnings beat for Alliant Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here, as you will see below. Alliant Energy Corporation price-eps-surprise | Alliant Energy Corporation Quote Earnings ESP: The company’s Earnings ESP is -11.68%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Zacks Rank: Currently, Alliant Energy carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. Investors may consider the following players from the same industry, as these have the right combination of elements to post an earnings beat this reporting cycle.Ameren Corporation AEE is scheduled to report its second-quarter 2026 results on July 30, after market close. It has an Earnings ESP of +0.19% and a Zacks Rank of 2 at present.AEE’s long-term (three to five years) earnings growth rate is 7.68%. The Zacks Consensus Estimate for earnings stands at $1.08 per share, which implies a year-over-year increase of 6.9%.The Southern Company SO is set to report its second-quarter 2026 results on July 30, before market open. It has an Earnings ESP of +1.16% and a Zacks Rank of 3 at present.SO’s long-term earnings growth rate is 11.15%. The Zacks Consensus Estimate for earnings stands at $1.01 per share, which calls for a year-over-year jump of 11%.Edison International EIX is slated to report its second-quarter 2026 results on July 30, after market close. It has an Earnings ESP of +4.66% and a Zacks Rank of 2 at present.EIX’s long-term earnings growth rate is 2.10%. The Zacks Consensus Estimate for earnings is pegged at $1.02 per share, which suggests a year-over-year rise of 5.2%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alliant Energy Corporation (LNT) : Free Stock Analysis Report Ameren Corporation (AEE) : Free Stock Analysis Report Southern Company (The) (SO) : Free Stock Analysis Report Edison International (EIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Alliant Energy (LNT) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This electric and gas utility parent company is expected to post quarterly earnings of $0.66 per share in its upcoming report, which represents a year-over-year change of -2.9%. Revenues are expected to be $1 billion, up 4.3% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only. A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell). For Alliant Energy, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.54%. On the other hand, the stock currently carries a Zacks Rank of #3. So, this combination makes it difficult to conclusively predict that Alliant Energy will beat the consensus EPS estimate. While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. For the last reported quarter, it was expected that Alliant Energy would post earnings of $0.82 per share when it actually produced earnings of $0.82, delivering no surprise. Over the last four quarters, the company has beaten consensus EPS estimates two times. An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss. That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported. Alliant Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. Another stock from the Zacks Utility - Electric Power industry, NorthWestern (NWE), is soon expected to post earnings of $0.42 per share for the quarter ended June 2026. This estimate indicates a year-over-year change of +5%. Revenues for the quarter are expected to be $386.22 million, up 12.7% from the year-ago quarter. Over the last 30 days, the consensus EPS estimate for NorthWestern has been revised 6.4% up to the current level. Nevertheless, the company now has an Earnings ESP of 0.00%, reflecting an equal Most Accurate Estimate. When combined with a Zacks Rank of #2 (Buy), this Earnings ESP makes it difficult to conclusively predict that NorthWestern will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times. Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alliant Energy Corporation (LNT) : Free Stock Analysis Report NorthWestern Corporation (NWE) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Madison, Wisconsin-based Alliant Energy Corporation (LNT) operates as a utility holding company that provides regulated electric and natural gas services in the United States. The company has a market cap of $19.1 billion and operates through IPL and WPL segments. The company's IPL segment primarily engages in generating and distributing electricity and distributing and transporting natural gas to retail customers in select markets in Iowa. PPL is expected to release its Q2 2026 earnings on Thursday, July 30, after the market closes. Ahead of the event, analysts expect the company’s EPS to be $0.69 on a diluted basis, up 1.5% from $0.68 in the year-ago quarter. The company has met or exceeded Wall Street’s EPS estimates in three of its last four quarters, while missing on one occasion. Huge, Unusual Intel Options Volume Today Ahead of Earnings This Week Intel Stock Is Down, But Put Premiums are High - Put Short Sellers Love the High Yields Billionaire Mark Cuban Says If CEOs Get 10% of Pay in Stock, Janitors Deserve the Same Percentage — ‘That Will Change the Game’ Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2026, analysts project the company’s EPS to be $3.43, up 6.5% from $3.22 in fiscal 2025. Moreover, its EPS is expected to rise by roughly 7.3% year over year (YoY) to $3.68 in fiscal 2027. LNT stock has grown 15.3% over the past 52 weeks, lagging behind the S&P 500 Index’s ($SPX) 18.2% rise but outperforming the State Street Utilities Select Sector SPDR ETF’s (XLU) 7.3% return during the same time frame. On Apr. 30, LNT stock rose 2% following the release of its Q1 2026 earnings. The company’s revenue for the quarter amounted to $1.2 billion, surpassing the Street’s estimates. Moreover, its adjusted EPS for the period came in at $0.82, matching Wall Street’s forecasts. Alliant Energy expects full-year earnings in the range of $3.36 to $3.46 per share. Analysts are somewhat bullish on LNT, with the stock currently rated “Moderate Buy” overall. Among the 14 analysts covering the stock, seven recommend a “Strong Buy,” one suggests a “Moderate Buy,” and six recommend a “Hold.” LNT’s average analyst price target is $79.81, indicating an upside of 7.9% from the current levels. On the date of publication, Aritra Gangopadhyay did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com