LNT earnings analysis
What we found in LNT's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
Alliant Energy reported Q1 2026 earnings of $0.87 per share, slightly exceeding estimates of $0.80, with revenue of $1.184 billion beating projections of $1.124 billion. The results indicate a solid performance driven by residential and commercial electric sales, offset by increased operating expenses and environmental regulations. Management remains optimistic, reaffirming full-year guidance of $3.36 to $3.46 per share, supported by ongoing capital investments in renewable energy.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Better than Expected EPS
- EPS reported at $0.87, above the estimate of $0.80.
- Revenue Exceeds Expectations
- Actual revenue reached $1.184 billion, surpassing the $1.124 billion estimate.
- Reaffirmation of EPS Guidance
- Management reaffirmed full-year 2026 EPS guidance of $3.36 to $3.46.
- Growth in Electric Utility Revenue
- Electric utility revenues increased by $35 million year-over-year.
- Strong Operating Cash Flow
- Operating cash flow improved to $368 million from the prior year.
- Reduced Capital Expenditures
- Lower utility construction expenditures decreased to $393 million.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Increased Operating Expenses
- Operating expenses rose by $64 million, impacting net income.
- Environmental Regulation Changes
- Proposed changes to the Coal Combustion Residuals Rule could significantly impact operations.
- Reliance on Weather Conditions
- Retail electric sales volumes decreased by 1% due mainly to temperature changes.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.87
- Segment
- Utilities and Corporate Services
- Segment
- ATC Holdings
- Segment
- Non-utility and Parent
What they said about what is next.
Management expects full-year 2026 EPS between $3.36 and $3.46.
The filing reads better than the one before it.
What came before.
- 10-K · February 20, 2026
- Alliant Energy (Alliant Energy Corporation, IPL and WPL) positions itself as a purpose-driven regulated utility focused on delivering electric and natural gas service to a large Midwest customer base (approximately…
- 10-Q · November 7, 2025
- Alliant Energy Corporation reported mixed Q3 2025 results, with revenue of $1.21 billion, missing expectations, and a diluted EPS of $1.09, which also fell short of analyst estimates. Overall, while revenues were up…
- 10-Q · May 9, 2025
- Alliant Energy reported Q1 2025 revenues of $1,128 million, up from $1,031 million in Q1 2024, and diluted EPS of $0.83 versus $0.62 a year ago. Operating income rose to $257 million (operating margin ~22.8%) while…
- 10-K · February 21, 2025
- Alliant Energy presents a capital-intensive, regulated-utility strategy focused on serving its Midwest customer base while investing in renewable generation, storage and transmission. The 10-K emphasizes scale (about…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
Read the next one first.
We read every filing LNT makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.
Cancel anytime · Month to month · Switch tiers whenever