FX.co ★ Alliant Energy Corp Q2 Profit Decreases, Misses Estimates

Alliant Energy Corp (LNT) has reported a decline in profits for the second quarter, falling short of Wall Street expectations.

The company's earnings totaled $87 million, or $0.34 per share, compared to $160 million, or $0.64 per share, in the same period last year.

When excluding special items, Alliant Energy Corp's adjusted earnings stood at $0.57 per share for the quarter.

Analysts, on average, had anticipated earnings of $0.64 per share, based on data from Thomson Reuters. Typically, analysts' estimates do not include special items.

The company's revenue for the quarter dropped by 2.0%, falling to $894 million from $912 million the previous year.

**Alliant Energy Corp Earnings Snapshots (GAAP):**

- **Earnings (Q2):** $87 million vs. $160 million last year

- **EPS (Q2):** $0.34 vs. $0.64 last year

- **Revenue (Q2):** $894 million vs. $912 million last year

**Guidance:**

- Full-year EPS guidance: $2.99 - $3.13