Alliant Energy Q2 EPS Beats by 10%, Reaffirms 2026 Guidance Trending to Upper Half
LNT sits 16% above its 52-week low of $63.28.
Summary
Alliant Energy reported Q2 2026 adjusted EPS of $0.65, beating consensus by 10%, and reaffirmed full-year guidance of $3.36-$3.46, trending to the upper half. The beat was driven by higher rate base returns and equity earnings, while the company highlighted 60% expected load growth by 2031.
Key Events · Earnings and Guidance · LNT
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Q2 EPS Beat
Adjusted EPS of $0.65 beat the $0.59 consensus by 10%, driven by higher rate base returns at IPL and WPL and higher equity earnings from corporate venture investments.
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2026 Guidance Reaffirmed
Management reaffirmed ongoing EPS guidance of $3.36-$3.46 and indicated results are trending in the upper half, implying confidence in the second half of the year.
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Load Growth Outlook
Expected 60% load growth by 2031, with large customer load materializing as forecasted in 2026, supported by three data centers under construction.
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Six-Month Performance
GAAP EPS of $1.52 for the first half of 2026 vs. $1.50 in 2025; non-GAAP EPS of $1.47 vs. $1.50, excluding a $0.05 state tax benefit.
Analysis · LNT · Energy & Transportation
Alliant Energy delivered Q2 adjusted EPS of $0.65, beating the $0.59 consensus by 10%. The beat was driven by higher rate base returns and equity earnings, offset by higher O&M and financing costs. Management reaffirmed full-year 2026 guidance of $3.36-$3.46 and indicated results are trending in the upper half, signaling confidence in the back half of the year. The company also highlighted expected 60% load growth by 2031, with large customer projects on track, supporting the long-term growth narrative. This is a solid quarter that reinforces the utility's earnings power and growth trajectory.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1625 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.52%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, LNT was trading at $73.46 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $18.3B. The 52-week trading range was $63.28 to $78.81. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.