Alliant Energy Earnings Call Transcripts
Fiscal Year 2025
-
Delivered 6% ongoing EPS growth in 2025, affirmed 2026 guidance, and maintained a $13.4B four-year capital plan. Data center expansion and regulatory execution drive long-term 7%+ earnings growth outlook.
-
Q3 and YTD results showed strong financial and operational performance, with ongoing earnings guidance narrowed and 2026 guidance raised. Major data center agreements and capital investments are driving a projected 50% peak demand growth by 2030, supporting a 12% CAGR in rate base.
-
Ongoing EPS rose to $0.68 in Q2 2025, driven by capital investments and strong data center demand. Major projects, including a $10B QTS investment, are fueling incremental load growth, with guidance and long-term growth targets reaffirmed.
-
Q1 2025 EPS rose to $0.83 from $0.62 year-over-year, with strong data center-driven load growth and a $600M CapEx increase to $11.5B. 2025 EPS guidance of $3.15–$3.25 was reaffirmed, and long-term growth is expected to trend toward the top end of the 5–7% CAGR range.
Fiscal Year 2024
-
Ongoing EPS grew to $3.04 in 2024, driven by capital investments and cost controls, with strong cash flow and major data center load commitments. 2025 guidance is $3.15–$3.25 per share, and long-term growth targets remain 5%-7%.
-
Q3 ongoing EPS rose to $1.15, with 2024 guidance narrowed to $2.99–$3.06 per share and 2025 guidance set for 6% growth. Major data center projects are expected to drive a 20% increase in peak demand, supporting a $1.8B CapEx increase and long-term growth targets.
-
Q2 2024 ongoing EPS was $0.57, with GAAP EPS at $0.34 due to non-recurring charges. 2024 ongoing EPS guidance of $2.99-$3.13 was reaffirmed, supported by regulatory progress, strong cash flow, and economic development initiatives, especially in Iowa.