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Alliant Energy Corp LNT

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Alliant Energy Posts Strong Results Amid Challenging Year

Andrew Bischof, CFA, CPA Senior Equity Analyst

Analyst Note

| Andrew Bischof, CFA, CPA |

We are maintaining our $52 per share Alliant Energy fair value estimate after the company reported full-year adjusted earnings per share of $2.43, up from $2.31 in 2019. The results were in line with our expectations and management's narrowed and increased guidance range of $2.40 to $2.46.

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Company Profile

Business Description

Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light, serving nearly 1 million electricity and natural gas customers and approximately 400,000 natural gas only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission Co.

Contact
4902 North Biltmore Lane
Madison, WI, 53718
T +1 608 458-3311
Sector Utilities
Industry Utilities - Regulated Electric
Most Recent Earnings Dec 31, 2020
Fiscal Year End Dec 31, 2021
Stock Type High Yield
Employees 3,375

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