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Alliant Q2 earnings lag


Alliant Energy reported second-quarter 2019 operating earnings of 40 cents per share, lagging the Zacks Consensus Estimate of 46 cents by 13%. The reported earnings also declined from the year-ago figure by 3 cents, Zacks Equity Research reported. Cooler temperatures brought lower sales. Total revenues were $790.2 million, down 3.2% year over year. Total operating expenses were $640.4 million, down 3.9%. Operating income was $149.8 million, down 0.7% from $151.2 million.

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