Alliant Energy Corporation (NASDAQ:LNT) will be discussing 2Q20 financial results with the investment community.on 7th August 2020 at 10:00 AM eastern time.
The financial results for the quarter are released after the U.S. market close on Thursday 6th August 2020
Those interested in listening to the conference call live via the Internet can visit www.alliantenergy.com
Quarterly Results
Alliant Energy Corporation reported income for the second quarter of $ 0.54 per share, from the revenue of $ 763.10 million. The quarterly earnings improved 35.00 percent while revenues fell 3.43 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.46 per share from $ 806.48 million in revenue. The bottom line results beat street analysts by $ 0.08 or 17.39 percent, at the same time, top line results fell short of analysts by $ 43.38 million or 5.38 percent.
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States. It operates through three segments: Electric, Gas, and Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa.
