Alliant Energy Q2 2024 Adj. EPS $0.57 Misses $0.64 Estimate, Sales $894.000M Miss $896.800M Estimate
Portfolio Pulse from Benzinga Newsdesk
Alliant Energy (NASDAQ:LNT) reported Q2 2024 adjusted EPS of $0.57, missing the $0.64 estimate. Sales were $894 million, slightly below the $896.8 million estimate.
August 01, 2024 | 10:01 pm
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NEGATIVE IMPACT
Alliant Energy reported Q2 2024 adjusted EPS of $0.57, missing the $0.64 estimate by 10.94%. Sales were $894 million, slightly below the $896.8 million estimate.
The significant miss on EPS and slight miss on sales are likely to negatively impact investor sentiment in the short term. The EPS miss is particularly notable as it represents a 10.94% shortfall from expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100