Alliant Energy Reports Strong Q3 2026 Earnings and Accelerates Long-Term Growth Outlook
Alliant Energy (LNT) reported third-quarter earnings with a GAAP EPS of $1.52, up from $1.09 in the prior year's period. The growth was driven by higher revenue requirements and increased rate base investments. Management highlighted significant demand drivers, specifically 3.4 gigawatts of contracted data center load and strong commercial/industrial sales in Wisconsin and Iowa. The company has significantly expanded its long-term financial outlook, raising its earnings growth target to '8% plus' through 2030. To support this, Alliant increased its capital expenditure forecast to $15.9 billion for the 2027–2030 period, a 19% increase over previous plans. This expansion is supported by a $5.1 billion Department of Energy loan and an expected $2 billion in tax credit monetization.
Tickers: $LNT
Topics: Capital Expenditure Dividend Increase Earnings Report Energy Demand Financial Guidance
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