Alliant Energy Q2 2026: EPS $0.65 beats consensus, guidance reaffirmed
Alliant Energy beat consensus on the bottom line and kept its full-year guidance in the top half of the range, so the quarter reads better than the headline numbers suggest. Revenue grew 1.0% to $971 million while net income slipped to $170 million, and weather cost the utility money rather than helping it. The catch: cash on hand fell sharply and interest expense is climbing.
1 · Expected vs. Actual
Free preview belowGAAP EPS of $0.65 came in above the $0.596 consensus estimate, but was down from $0.68 a year earlier. Net income of $170 million was $4 million lower year over year, because cost increases, depreciation and interest expense more than absorbed the revenue gain. GAAP and ongoing EPS were identical this quarter, so there is no adjustment noise to strip out.
Revenue rose 1.0% to $971 million from $961 million a year earlier. Electric brought in $861 million and gas $82 million, so the increase came mainly from higher rate base rather than from selling more energy. Retail electric sales volumes were nearly flat, and total electric megawatt-hours actually fell because wholesale and bulk power sales declined.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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