Keep Your Eyes on Stock News: Alliant Energy Corporation (NASDAQ:LNT)

On Wednesday Alliant Energy Corporation (NASDAQ:LNT) traded with change of 0.37% on volume of 2232989 shares in the last session as compared to average volume of 1166183 shares. During last trade its minimum price was $51.71 and it gained highest price of $52.38. LNT has total market capitalization of $12327335072. Its closing value stands at $51.9.

On Nov. 6, 2019, Alliant Energy Corporation (NASDAQ:LNT) released U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for the three months ended September 30 as follows:

GAAP EPS                 Non-GAAP EPS

2019                2018                2019                2018

Utilities and Corporate Services         $0.92                           $0.88                           $0.92                           $0.86

American Transmission Company (ATC) Holdings  0.03                             0.03                             0.03                             0.03

Non-utility and Parent (0.01)                           (0.04)                           (0.01)                           (0.04)

Alliant Energy Consolidated  $0.94                           $0.87                           $0.94                           $0.85

As we advance our commitment to cleaner energy and affordable customer options, we are investing in renewable energy and distribution system enhancements, said John Larsen, Alliant Energy Chairman, President and CEO.  We raised our 2019 earnings guidance to a range of $2.27 to $2.33 per share, largely due to the benefits of weather during the first nine months of this year.  I am also pleased to share that our Board of Directors has approved a 7% increase to our annual common stock dividend target, raising it to $1.52 per share for 2020.

John Gonzalez covers business and finance news. He is the only person we trust to provide breaking news in the finance category. Having already completed an Associates Degree in Psychology, John Gonzalez is now finishing his Bachelor’s degree in Communications. In preparation for working in the advertisement sector, John is writing financial content and analysis. On a daily basis, he works on articles regarding the following topics: business, top trends, technology, and politics.

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