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Will Alliant Energy (LNT) Surprise This Earnings Season?

Alliant Energy CorporationLNT is set to report fourth-quarter 2016 results after the market closes on Feb 23. The company posted a negative earnings surprise of 8.05% last quarter, bringing the trailing four-quarter average to a negative 8.83%. Let's see how things are shaping up for this announcement.

Factors to Consider

Alliant Energy's revenues are expected to decrease because of above-average temperatures in its service territories in the fourth quarter. Timing of income tax negatively impacted fourth-quarter earnings in 2015 and may do the same in the to-be-reported quarter.

The company intends to achieve earnings growth of 5% to 7% in 2016.

Earnings Whispers

Our proven model does not conclusively show that Alliant Energy is likely to beat estimates this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. But that is not the case here, as you will see below.

Zacks ESP: Alliant Energy has an Earnings ESP of 0.00%. This is because the Most Accurate estimate stands in line with the Zacks Consensus Estimate of 28 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .

Alliant Energy Corporation Price and EPS Surprise

Alliant Energy Corporation Price and EPS Surprise | Alliant Energy Corporation Quote

Zacks Rank: Though the company's Zacks Rank #3 increases the possibility of a beat, its 0.00% ESP makes surprise prediction difficult.

Note that we caution against stocks with Zacks Rank #4 or 5 (Sell rated) going into the earnings announcement, especially when the company is seeing negative estimate revisions.

Stocks to Consider

Here are a few stocks in the utility space worth considering as our model shows that they have the right combination of elements to post an earnings beat this quarter:

The Southern Company SO is slated to report earnings on Feb 22. It has an Earnings ESP of +6.45% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here .

El Paso Electric Company EE has an Earnings ESP of +20% and a Zacks Rank #3. It is scheduled to release its quarterly numbers on Feb 23.

Pinnacle West Capital Corporation PNW has an Earnings ESP of +2.04% and a Zacks Rank #2. It is slated to report earnings on Feb 24.

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Pinnacle West Capital Corporation (PNW): Free Stock Analysis Report

Southern Company (The) (SO): Free Stock Analysis Report

El Paso Electric Company (EE): Free Stock Analysis Report

Alliant Energy Corporation (LNT): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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