Alliant Energy Set to Report Q3 Earnings: What's in the Cards?

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Alliant Energy Set to Report Q3 Earnings: What's in the Cards?

Alliant Energy Corporation LNT is scheduled to release third-quarter 2026 results on Oct. 29, after market close. The company delivered a negative surprise of 1.52% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors That Are Likely to Have Impacted LNT’s Q3 Performance

Alliant Energy’s investments in electric distribution to support electrification are expected to have enhanced grid reliability, improved customer service and contributed to its bottom-line performance in the to-be-reported quarter.

Electricity rates across Alliant Energy’s service areas remain below the national average, helping attract new customers. The company’s expanding customer base and the associated growth in electricity demand may have contributed to revenue growth in the upcoming quarter.

Steady economic expansion, rising demand from data centers and continued cost-control measures are likely to have bolstered its third-quarter earnings.

However, increased operations and maintenance expenses, along with higher financing costs, may have offset some of these benefits in the to-be-reported quarter.

Q3 Expectations for LNT

The Zacks Consensus Estimate for revenues is pinned at $1.21 billion, implying a year-over-year fall of 0.1%.

The Zacks Consensus Estimate for earnings is pegged at $1.23 per share, indicating a year-over-year increase of 9.8%.

The Zacks Consensus Estimate for total electricity delivered is pegged at 9,234.21 megawatt-hours (MWh), up 0.4% year over year.

What Our Quantitative Model Predicts for LNT

Our proven model predicts an earnings beat for Alliant Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.

Alliant Energy Corporation Price and EPS Surprise

Alliant Energy Corporation Price and EPS Surprise

Alliant Energy Corporation price-eps-surprise | Alliant Energy Corporation Quote

Earnings ESP: The company’s Earnings ESP is +3.79%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Currently, Alliant Energy carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks to Consider

Investors may consider the following players from the same industry, as these also have the right combination of elements to post an earnings beat this reporting cycle.

NiSource Inc. NI is slated to report its third-quarter 2026 results on Oct. 28, before market open. It has an Earnings ESP of +7.87% and a Zacks Rank of 3 at present.

NI’s long-term earnings growth rate is 6.55%. The Zacks Consensus Estimate for earnings is pegged at 22 cents per share, which suggests a year-over-year rise of 15.8%.

American Electric Power Company, Inc. AEP is slated to report its third-quarter 2026 results on Oct. 28, before market open. It has an Earnings ESP of +2.23% and a Zacks Rank of 2 at present.

AEP’s long-term earnings growth rate is 7.58%. The Zacks Consensus Estimate for earnings stands at $2.04 per share, which implies a year-over-year jump of 13.3%.

Edison International EIX is slated to report its third-quarter 2026 results on Oct. 29, after market close. It has an Earnings ESP of +1.12% and a Zacks Rank of 3 at present.

EIX’s long-term earnings growth rate is 3.86%. The Zacks Consensus Estimate for earnings is pegged at $1.79 per share.

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Alliant Energy Corporation (LNT): Free Stock Analysis Report
 
NiSource, Inc (NI): Free Stock Analysis Report
 
Edison International (EIX): Free Stock Analysis Report
 
American Electric Power Company, Inc. (AEP): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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