8/5/11 – Alliant Energy said its most recent quarterly profits were higher than a year ago – but they were less than what outside analysts projected. Alliant reports net earnings of 51-million-dollars from April-through-June, up from 48-million the year before. When one-items and discontinued operations are not included, earnings totaled just over 48-million, down by just over a million from the previous year. Total earnings were 46 cents a share, a penny lower than what analysts predicted. Alliant owns Wisconsin Power-and-Light as well as a large electric utility in Iowa and serves a good portion of Dodge County. The company said it had to provide credits on Iowa bills as part of a required cost management plan. It resulted in lower revenues in Iowa – but the shortfall is expected to be made up during the second half of the year.
