Alliant Energy Maintains 2026 Earnings Outlook Amid Data Center Demand
Alliant Energy has reaffirmed its earnings guidance for 2026 at $3.36 to $3.46 per share following a slight dip in second-quarter earnings. This stability is bolstered by rising electricity demand from data centers and significant infrastructure investments.
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Alliant Energy reported second-quarter GAAP earnings of $0.65 per diluted share, a decrease from $0.68 year-over-year. Revenue for the quarter rose to $971 million, up from $961 million, while net income attributable to common shareholders declined to $170 million.
The company’s ongoing earnings guidance for 2026 remains at $3.36 to $3.46 per share, with performance tracking in the upper half of this range. Load growth forecasts indicate approximately 60% by 2031, driven by demand from large customers, particularly in the data center sector. Increased regulated revenue and equity income from ventures contributed positively to earnings, although higher operating costs and unfavorable weather conditions presented challenges.
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