Alliant Energy LNT Earnings Analysis

Revenue Analysis:

Total and Operating Revenue showed an upward trend with the figures being $912 million and $889 million (Q2 2023), $961 million and $937 million (Q4 2023), and $1.031 billion and $1.009 billion (Q1 2024) respectively. This indicates sustained growth in core business operations.

Gross Profit Margins also increased from $412 million (Q2 2023) to $442 million (Q1 2024), reflecting improved efficiency or pricing strategy.

Cost Management:

Cost of Revenue escalated from $500 million (Q2 2023) to $589 million (Q1 2024), which aligns with the expansion in revenue, maintaining a proportional scale.

Operating Expenses show modest increases from $195 million (Q2 2023) to $220 million (Q1 2024), suggesting controlled growth in operational costs.

Total Expenses, aggregating from operating and non-operating expenses, rose from $695 million (Q2 2023) to $809 million (Q1 2024), which is consistent with an expanding business scale.

Profitability Analysis:

EBITDA increased from $423 million (Q2 2023) to $444 million (Q1 2024), a clear sign of core earnings strength.

Operating Income improved consistently, moving from $217 million (Q2 2023) to $222 million (Q1 2024).

Pretax Income grew from $160 million (Q2 2023) to $148 million (Q1 2024), despite a decline in the latest quarter, possibly due to unusual items or other non-operational expenses impacting the figures.

Net Income, a crucial indicator of overall profitability, presents a strong final figure of $158 million by Q1 2024 from $160 million in Q2 2023, demonstrating fiscal health and robust earnings capacity.

Cash Flow Indicators:

Reconciled Depreciation remained stable at around $167 to $189 million, signifying consistent capital expenditure and asset depreciation policies.

Interest Expense has been maintained at around $94 to $107 million, reflecting stable finance costs in the face of revenue growth.

Taxation:

Tax Rates showed variability, with occasional spikes linked to specific financial adjustments or unusual items. For instance, a significant decrease in Q1 2024 to 0.4% from previous higher rates.

Tax Provisions varied, with a remarkable refund or reduction in Q1 2024 at -$10 million, suggesting possible tax credits or deductions effectuated by the company.

Tax Effect of Unusual Items varied significantly across the quarters indicating the fluctuating nature of exceptional items.

Shareholder Metrics:

Diluted and Basic EPS shows growth from $0.64 in Q2 2023 to $0.62 in Q1 2024, despite slight reductions, depict steady earnings delivery to shareholders.

Average Shares remained fairly consistent, with minimal fluctuation around 250 million shares, indicating stability in the company’s equity structure.

Net Income Available to Common Stockholders was solid across all quarters, signifying steady return to equity holders.

Conclusion:

LNT has demonstrated robust revenue growth, managed cost efficiency, and consistent profitability over the last few quarters. The slight variabilities in tax rates and non-operating items suggest areas for further optimization. Based on this analysis, LNT is a financially sound company with a stable growth outlook.

Appendices:

Supporting data tables and calculations can be provided upon request to enhance understanding and verify figures mentioned in the analysis.