The company said its consolidated GAAP EPS for Q2 2024 was $0.34, lower than $0.64 a year earlier, and that its non-GAAP EPS, which excludes non-recurring items, was $0.57 ($0.64 a year earlier).

1. 01

   The company said its consolidated GAAP EPS for Q2 2024 was $0.34, lower than $0.64 a year earlier, and that its non-GAAP EPS, which excludes non-recurring items, was $0.57 ($0.64 a year earlier).

2. 02

   The company recorded a pre-tax non-cash charge of $60 million related to the Lansing Generating Station and a pre-tax non-cash charge of $20 million related to IPL's steam business in Q2, and said their EPS impacts were $0.17 and $0.06, respectively.

3. 03

   The company said that in Q2, higher revenue requirements from capital investments at WPL added $0.12 per share. In December 2023, the Public Service Commission of Wisconsin approved annual base rate increases of $49 million for electric and $13 million for gas.

4. 04

   The company said it reaffirmed its consolidated EPS guidance for 2024 of $2.99 to $3.13. Net cash flow from operating activities was $562 million ($311 million a year earlier) for the 6 months ended June 30.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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