Alliant Energy Q4 Adj EPS $0.48 Misses $0.55 Estimate, Sales $961.00M Miss $1.12B Estimate
Portfolio Pulse from Benzinga Newsdesk
Alliant Energy (NASDAQ:LNT) reported Q4 adjusted EPS of $0.48, missing the consensus estimate of $0.55, and sales of $961M, below the $1.12B estimate. This represents a 4.35% increase in EPS and a 9.17% decrease in sales from the same period last year.
February 15, 2024 | 11:01 pm
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Alliant Energy's Q4 earnings and sales missed estimates, with a slight increase in EPS from last year but a decrease in sales.
Missing both earnings and sales estimates can negatively impact investor sentiment and stock price in the short term. The decrease in sales and failure to meet expectations might lead to a negative market reaction.
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