Alliant Energy announces third quarter 2017 results and increased annual common stock dividend target by 6% for 2018
Updates 2017 earnings guidance and provides 2018 earnings guidance and forecasted 2017 - 2026 capital expenditures
MADISON, Wis. - November 2, 2017 - Alliant Energy Corporation (NYSE: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) from continuing operations for the three months ended September 30.
“This quarter, we continued to produce solid financial and operational results. With three quarters of the year behind us, I am pleased to report that our anticipated non-GAAP temperature normalized earnings for fiscal year 2017 are in line with the original midpoint of our 2017 earnings guidance. However, taking into account year-to-date temperatures, which resulted in an estimated $0.06 per share of lower earnings, we are updating 2017 adjusted earnings per share guidance to a midpoint of $1.93,” said Patricia Kampling, Alliant Energy Chairman, President and CEO. “Looking forward to next year, I am pleased to announce the Board of Directors has approved a 6% increase to our annual common stock dividend target. The 2018 annual common stock dividend target is $1.34 per share.”
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Media Contact: Scott Reigstad, (608) 458-3145
Investor Relations: Susan Gille, (608) 458-3956