Alliant Energy Corp Profit Rises In Q1

(RTTNews) - Alliant Energy Corp (LNT) announced earnings for its first quarter that rose from the same period last year.

The company's profit came in at $120.9 million, or $0.52 per share. This compares with $100.4 million, or $0.44 per share, in last year's first quarter.

Analysts had expected the company to earn $0.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $916.3 million from $853.9 million last year.

Alliant Energy Corp earnings at a glance:

-Earnings (Q1): $120.9 Mln. vs. $100.4 Mln. last year. -EPS (Q1): $0.52 vs. $0.44 last year. -Analysts Estimate: $0.50 -Revenue (Q1): $916.3 Mln vs. $853.9 Mln last year.