Alliant Energy Corp. (LNT) Tops Q1 EPS by 14c

Alliant Energy Corp. (NYSE: LNT) reported Q1 EPS of $0.90, $0.14 better than the analyst estimate of $0.76. Revenue for the quarter came in at $952.8 million versus the consensus estimate of $850.66 million.

Alliant Energy Corp. sees FY2014 EPS of $3.25-$3.55.

"We anticipated higher electric earnings from the expiration of the Duane Arnold Energy Center (DAEC) and Kewaunee Nuclear Power Plant (Kewaunee) purchased power agreements in this quarter. In addition, the unexpected extremely cold temperatures increased earnings from both electric and gas sales," said Patricia Kampling, Alliant Energy Chairman, President and CEO. "As a result of the increase in first quarter earnings from sales, we are forecasting full-year 2014 earnings will be toward the top end of our current 2014 earnings guidance range."

For earnings history and earnings-related data on Alliant Energy Corp. (LNT) click here.

You May Also Be Interested In

• SanDisk and Micron surge as Apple confirms memory price pass-through
• Kroger (KR) Reports In-Line Q1 EPS, Beats on Revenue; Offers FY27 EPS Guidance
• Wall Street scrambles to lift Micron price targets ahead of earnings