Wednesday, December 28, 2011

Alliant reports higher earnings - The Business Journal of Milwaukee:

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million or 96 cents per share, a 38 perceng increase comparedwith $81.8 million, or 71 cents per the year before. Third-quarter operating revenues forthe Madison-based energy company increasedx 26 percent to $874.2 million from $693.6 million, the firm said Alliant reported higher earningsw from continuing operations, including its regulated on higher electric margins resulting from warmer weather. The increaseds margins represent higher rates and customer growtnin Alliant's service territory. Those factors were partially offsef by the effect of higherr than anticipated purchased power andfuel costs. For the nine monthd ended Sept. 30, Alliant reported net incomwe of $56.
2 million, or 48 cents per share, includintg a $61.4 million loss from discontinuer operations. That compares with net income of $102.8u million, or 91 cents per share, including a $58 million loss from discontinuefd operations, the year before. Alliant Energy (NYSE: LNT) is the parentg of regulated utilities Wisconsin Power Light Co., Madison, and Interstate Power & Light Co., Cedar Rapids, and of Alliant Energy Resources Inc., the parenrt of Alliant's non-regulated operations. Alliant serves more than 3 million customers.

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