Alliant Energy reports2017 financial results.
International Resource News-February 23, 2018--Alliant Energy reports2017 financial results
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International Resource News - 23 February 2018
Alliant Energy Corporation (NYSE: LNT), the parent company of two public utility companies - Interstate Power and Light Company and Wisconsin Power and Light Company, has reported its financial results for 2017.
Alliant Energy's Utilities and Alliant Energy Corporate Services Inc. (Corporate Services) operations generated USD1.82 per share of GAAP EPS from continuing operations in 2017, which was USD0.07 per share higher than 2016.
The company's Non-utility and Parent operations generated USD0.06 per share of GAAP EPS from continuing operations in 2017, which was USD0.26 per share higher than 2016. The primary drivers of higher EPS were asset valuation charges of USD0.23 per share related to the Franklin County wind farm in 2016 and effects of Tax Cuts and Jobs Act (Tax Reform) in 2017.
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