Information
MADISON, Wis.--(BUSINESS WIRE)--Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. genera...
Original sourceAI Summary
Alliant Energy's Q3 2024 GAAP EPS rose to $1.15, up 13% Y/Y. 2024 EPS guidance revised to $2.99-$3.06, affected by weather impacts. 2025 EPS guidance set at $3.15-$3.25, indicating long-term growth potential. Dividends increased 6% for 2025, demonstrating financial health and stability. Strong interest from data centers expected to drive future load growth.
Sentiment Rationale
Solid earnings performance and positive guidance can support LNT's stock price. Historically, positive earnings guidance has led to stock price increases.
Trading Thesis
Earnings growth potential and increased dividends signal long-term investor confidence, which usually supports stock price appreciation over time.
Market-Moving
- Alliant Energy's Q3 2024 GAAP EPS rose to $1.15, up 13% Y/Y.
- 2024 EPS guidance revised to $2.99-$3.06, affected by weather impacts.
- 2025 EPS guidance set at $3.15-$3.25, indicating long-term growth potential.
Key Facts
- Alliant Energy's Q3 2024 GAAP EPS rose to $1.15, up 13% Y/Y.
- 2024 EPS guidance revised to $2.99-$3.06, affected by weather impacts.
- 2025 EPS guidance set at $3.15-$3.25, indicating long-term growth potential.
- Dividends increased 6% for 2025, demonstrating financial health and stability.
- Strong interest from data centers expected to drive future load growth.
Companies Mentioned
- LNT (LNT)
- WPL (WPL)
- IPL (IPL)
Earnings
Earnings and dividend guidance directly impact investor perception of stability and growth, influencing stock price.