Alliant Energy reports Q3 2026 earnings beat, raises capex and issues updated guidance

Alliant Energy Corp. posted third‑quarter 2026 GAAP earnings of $1.52 per share, beating estimates. Revenue was reported around $1.28‑$1.29 billion. The utility raised its 2026 EPS guidance to $3.41‑$3.46 and set 2027 EPS guidance at $3.63‑$3.73, while increasing its 2027 dividend target to $2.25 per share. It also announced a $5.1 billion Department of Energy loan and lifted its four‑year capital‑expenditure plan to $15.9 billion, citing strong data‑center demand and an expected 60% peak‑demand rise by 2031.

The earnings beat and higher guidance suggest stronger profitability than analysts expected, which may support the stock price. The expanded capex and DOE loan indicate significant future investment, affecting cash flow and potentially diluting shareholders, while the raised dividend target signals continued shareholder returns.

  • Revenue figure differs between $1.28 billion and $1.29 billion.

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