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Alliant Energy posts 1Q profit

MADISON, Wis. (AP) _ Alliant Energy Corp. (LNT) on Wednesday reported first-quarter earnings of $103 million.

On a per-share basis, the Madison, Wisconsin-based company said it had net income of 44 cents. Earnings, adjusted to account for discontinued operations, came to 43 cents per share.

The electric and gas utility parent company posted revenue of $853.9 million in the period.

Alliant Energy expects full-year earnings to be $1.92 to $2.06 per share.

Alliant Energy shares have risen nearly 4 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $39.29, a climb of 10 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LNT at https://www.zacks.com/ap/LNT


Keywords: Alliant Energy, Earnings Report