Alliant Energy (LNT) Revenue — Quarter Ended Jun 30, 2024
Alliant Energy's revenue for the quarter ended June 30, 2024 declined compared to both the prior quarter and the same quarter last year. The decrease was more pronounced sequentially than on an annual basis.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Alliant Energy's revenue for the quarter ended June 30, 2024 declined compared to both the prior quarter and the same quarter last year. The decrease was more pronounced sequentially than on an annual basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$894M
Revenue reported for this quarter.
Quarter-over-quarter
-13.3%
Change from the immediately preceding quarter.
Year-over-year
-2.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $1.1B | -5.1% |
| Dec 31, 2023 | $961M | -9.2% |
| Mar 31, 2024 | $1B | -4.3% |
| Jun 30, 2024 | $894M | -2.0% |
Revenue performance
The company reported lower revenue, reflecting a drop from the preceding quarter and a smaller decline versus the year-ago period.
Quarterly comparison
Sequentially, revenue fell, and on a year-over-year basis, it also decreased.
What to watch
The filing notes variations in utility collections and fuel cost recovery timing, which could affect future revenue comparisons.