Alliant reports first quarter earnings

Alliant Energy Corp. is reporting income and earnings per share (EPS) from continuing operations for the first quarter of 2007 of $65.2 million and $0.56, respectively, compared to $13.1 million and $0.11 for the same period in 2006.

The income from continuing operations in 2006 includes after-tax charges of $56.8 million related to debt reductions at Alliant Energy’s non-regulated business. Alliant Energy’s net income (loss) and EPS for the first quarter of 2007 were $63.9 million and $0.55, respectively, compared to ($1.6) million and ($0.01) for the same period in 2006. See release at http://www.wisbusiness.com/index.iml?Article=95191