Alliant Energy Q4 Earnings Surpass Estimates, Sales Increase Y/Y

Alliant Energy Corporation LNT reported fourth-quarter 2025 operating earnings of 60 cents per share, which beat the Zacks Consensus Estimate of 58 cents by 3.45%. The bottom line decreased 14.29% from the year-ago quarter’s figure of 70 cents.

GAAP earnings per share (EPS) in the reported quarter were 55 cents compared with 58 cents in the year-ago quarter.

LNT reported 2025 adjusted earnings of $3.22 per share compared with $3.04 in 2024, reflecting a year-over-year increase of 5.92%.

LNT’s Revenues

Revenues totaled $1.06 billion, which beat the Zacks Consensus Estimate of $0.94 billion by 13.45%. The top line increased 9.01% from the year-ago quarter’s figure of $0.98 billion.

LNT reported total revenues of $4.36 billion in 2025 compared with $3.98 billion in 2024, reflecting an increase of 9.57%.

Alliant Energy Corporation Price, Consensus and EPS Surprise

LNT’s Operational Highlights

Total operating expenses were $868 million, up 15.12% from $754 million in the year-ago period. This increase was primarily due to higher electric production fuel and purchased power, electric transmission service, and higher other operation and maintenance expenses.

Operating income totaled $196 million, down 11.71% from $222 million in the year-ago period.

Interest expenses amounted to $140 million, which rose 16.7% from the prior-year period’s level.

LNT reported total utility electric sales of 7,907 thousand megawatt-hours, down 2.58% from the year-ago quarter’s reported figure.

Total utility gas sold and transported was 46,558 thousand dekatherms, up 4.63% year over year.

LNT’s Financial Update

As of Dec. 31, 2025, cash and cash equivalents amounted to $556 million compared with $81 million as of Dec. 31, 2024.

As of the same date, long-term debt (excluding the current portion) totaled $10.95 billion, up from $8.68 billion as of Dec. 31, 2024.

Cash flow from operating activities totaled $1.169 billion in 2025 compared with $1.167 billion in the year-ago period.

LNT’s Guidance

Alliant Energy expects its 2026 earnings to be $3.36-$3.46 per share and long-term EPS growth in the range of 5-7% for the 2027-2029 period. The estimate assumes normal temperatures in its utility service territories, execution of cost controls and financing plans, and a consolidated effective tax rate (29%). The Zacks Consensus Estimate for 2026 earnings is pegged at $3.43 per share, higher than the midpoint of the company’s guided range.

For 2026, the company expects 1% retail sales growth that includes data center construction and commissioning sales.

The company expects 2026 capital expenditures of $3 billion.

LNT expects capital expenditure of $13.4 billion during 2026-2029.

LNT’s Zacks Rank

Alliant Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Releases

NRG Energy NRG is scheduled to report fourth-quarter results on Feb. 24. The Zacks Consensus Estimate for earnings is pegged at $1.18 per share, which suggests a decrease of 22.37% year over year

The consensus estimate for fourth-quarter sales is pinned at $7.32 billion, which suggests year-over-year growth of 7.36%.

Avista Corporation AVA is scheduled to report fourth-quarter results on Feb. 25. The Zacks Consensus Estimate for earnings is pegged at $1.01per share, which suggests an increase of 20.24% year over year.

The consensus estimate for fourth-quarter sales is pinned at $541.40 million, which suggests year-over-year growth of 1.62%.

Centuri Holdings, Inc. CTRI is scheduled to report fourth-quarter results on Feb. 25. The Zacks Consensus Estimate for earnings is pegged at 20 cents per share, which suggests a decrease of 4.76% year over year.

The consensus estimate for fourth-quarter sales is pinned at $717.48 million, which suggests year-over-year growth of 0.06%.

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This article originally published on Zacks Investment Research (zacks.com).

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