Alliant Energy Q2 revenue beats estimates on rate base growth
LNT•Guidance reaffirmed for 2026
Alliant Energy reaffirmed its 2026 ongoing EPS guidance of $3.36-$3.46, and said it is trending toward the upper half of that range.
The company expects 60% load growth by 2031, with large customer load to materialize in 2026. It said the 2026 guidance assumes normal temperatures, a stable economy, and execution of capital plans.
Key figures and analyst view
Q2 Revenue: $971 million vs. consensus $896.94 million
Q2 EPS: $0.65
Q2 Operating Income: $185 million
Q2 Pretax Profit: $118 million
The current average analyst rating on the shares is buy, with 9 strong buy or buy ratings, 6 hold ratings and no sell or strong sell ratings. The median 12-month price target is $81.00, about 12.5% above the July 29 closing price of $72.00. The stock recently traded at next 12-month earnings, versus three months ago.
