Alliant Energy Q3 revenue beats on higher retail electric sales
LNT•Alliant Energy reported third-quarter revenue of $1.29 billion, beating the $1.26 billion consensus, and GAAP EPS of $1.52, up from $1.09 a year earlier. It narrowed 2026 ongoing EPS guidance to $3.41-$3.46 and issued 2027 guidance of $3.63-$3.73.
1. Quarterly results
Alliant Energy’s third-quarter revenue was $1.29 billion, above analyst expectations of $1.26 billion. GAAP EPS rose to $1.52 from $1.09 a year earlier. Increased rate base, generation and energy-storage investments, and higher retail electric sales supported results; temperature-driven demand lifted electric and gas sales, while higher labor, maintenance, financing and depreciation costs offset some gains.
2. Updated outlook
The company narrowed its 2026 ongoing EPS guidance to $3.41-$3.46, the upper half of its original range. It issued 2027 EPS guidance of $3.63-$3.73 and set a 2027 annual dividend target of $2.25 per share.
