Alliant Energy Q1 Sales $1.031B Miss $1.065B Estimate
Portfolio Pulse from Benzinga Newsdesk
Alliant Energy reported Q1 sales of $1.031 billion, missing the consensus estimate of $1.065 billion by 3.15% and marking a 4.27% decrease from the previous year.
May 02, 2024 | 10:02 pm
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NEGATIVE IMPACT
Alliant Energy's Q1 sales missed estimates and showed a year-over-year decline.
Missing sales estimates and reporting a year-over-year decline is generally viewed negatively by the market, likely leading to short-term bearish sentiment for LNT.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100