Stock Pulse
Alliant Energy (LNT) reported strong Q4 2024 earnings, exceeding expectations with $3.04 EPS driven by increased cash flows and tax credit monetization, despite mild weather impacts [2]. The company also increased its dividend for the 21st consecutive year [2], [10]. However, full-year 2024 earnings missed analyst expectations, with lower revenue and net income [3]. While a one-time tax benefit boosted profitability, concerns remain about the sustainability of earnings and the company's high debt levels [4], [8]. Alliant Energy is involved in a potential data center project with Meta, representing a significant opportunity [1]. Planned investments of $10.9 billion from 2025-2028 will focus on grid modernization and renewable energy expansion, supporting long-term growth [7]. A new Independent Board Chair, Patrick Allen, has been appointed, bringing financial and strategic expertise [6].