Press release
Alliant Energy Announces First Quarter 2025 Results
First quarter GAAP earnings per share was $0.83 in 2025, compared to $0.62 in 2024 Reaffirming 2025 earnings guidance range of $3.15 - $3.25 per share
About this update from Alliant Energy Corporation
[{"type":"text","content":"\n\nFirst quarter GAAP earnings per share was $0.83 in 2025, compared to $0.62 in 2024\n\n\n\nReaffirming 2025 earnings guidance range of $3.15 - $3.25 per share\n\n\n\nUpdated forecasted 2025 - 2028 capital expenditures of $11.5 billion in aggregate\n\n\n \n\n MADISON, Wis.--(BUSINESS WIRE)--\nAlliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the three months ended March 31 as follows:\n\n\n\n \n\n\n \n\nGAAP EPS\n\n\n\n\n\n \n\n\n \n\n2025\n\n\n\n \n\n\n\n2024\n\n\n\n\n\nUtilities and Corporate Services\n\n\n \n\n$0.87\n\n\n\n \n\n\n\n$0.62\n\n\n\n\n\nAmerican Transmission Company (ATC) Holdings\n\n\n \n\n0.04\n\n\n\n \n\n\n\n0.04\n\n\n\n\n\nNon-utility and Parent\n\n\n \n\n(0.08)\n\n\n\n \n\n\n\n(0.04)\n\n\n\n\n\nAlliant Energy Consolidated\n\n\n \n\n$0.83\n\n\n\n \n\n\n\n$0.62\n\n\n\n\n“We are off to a solid start in 2025, delivering more than 25% of our earnings guidance midpoint, which is ahead of plan despite negative temperature impacts on sales,” said Lisa Barton, Alliant Energy President and CEO. “We have also incorporated additional energy resources into our capital expenditure and financing plans. Our plans now include energy resources to serve approximately 2.1 gigawatts of contracted peak data center demand.”\n\nUtilities and Corporate Services - Alliant Energy’s Utilities and Alliant Energy Corporate Services, Inc. (Corporate Services) operations generated $0.87 per share of GAAP EPS in the first quarter of 2025, which was $0.25 per share higher than the first quarter of 2024. The primary drivers of higher EPS were higher revenue requirements from capital investments, estimated temperature impacts on retail electric and gas sales, and timing of income tax expense. These items were partially offset by higher depreciation and financing expenses.\n\nNon-utility and Parent - Alliant Energy’s Non-utility and Parent operations generated $(0.08) per share of GAAP EPS in the first quarter of 2025, which was $0.04 per share lower than the first quarter of 2024. The lower EPS was primarily driven by higher financing expenses and timing of income tax expense.\n\nDetails regarding GAAP EPS variances between the first quarters of 2025 and 2024 for Alliant Energy are as follows:\n\n\n\n \n\n\n \n\nVariance\n\n\n\n\n\n...