Alliant Energy (NYS: LNT) reported earnings on Feb. 10. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Alliant Energy missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue improved and GAAP earnings per share improved significantly.
Gross margins increased, operating margins shrank, and net margins increased.
Alliant Energy booked revenue of $1.02 billion. The three analysts polled by S&P Capital IQ predicted a top line of $1.11 billion on the same basis. GAAP reported sales were 5.6% higher than the prior-year quarter's $832.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at $1.12. The earnings estimates compiled by S&P Capital IQ predicted $1.32 per share on the same basis. GAAP EPS of $0.51 for Q3 were 19% higher than the prior-year quarter's $0.43 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 31.9%, 780 basis points better than the prior-year quarter. Operating margin was 10.6%, 140 basis points worse than the prior-year quarter. Net margin was 6.9%, 120 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $784.6 million. On the bottom line, the average EPS estimate is $0.56.
Next year's average estimate for revenue is $3.60 billion. The average EPS estimate is $2.82.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 76 members out of 88 rating the stock outperform, and 12 members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 23 give Alliant Energy a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Alliant Energy is outperform, with an average price target of $44.38.
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At the time thisarticle was published Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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