Report
Andrew Bischof

Alliant Energy Continues to Receive Top-Notch Regulatory Treatment for Renewables

We are reaffirming our $38 per share fair value estimate after Alliant Energy reported first-quarter operating earnings of $0.52 per share, up from $0.43 in the same year-ago period. Management reaffirmed 2018 EPS guidance to $2.04-$2.18, consistent with our expectations. Management continues to forecast 5%-7% annual earnings growth through 2020, also in line with our forecast.
Alliant continues to receive regulatory support for IPL's continued build out of wind energy in the state. In April, st...
Underlying
Alliant Energy Corp

Alliant Energy is a public utility holding company, engaged in providing regulated electric and natural gas service. The company's subsidiaries are: Interstate Power and Light Company, which is engaged principally in the generation and distribution of electricity and the distribution and transportation of natural gas to retail customers in select markets in Iowa; Wisconsin Power and Light Company, which is engaged principally in the generation and distribution of electricity and the distribution and transportation of natural gas to retail customers in select markets in Wisconsin; and Alliant Energy Finance, LLC, which manages a portfolio of wholly-owned subsidiaries and additional holdings.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Bischof

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