Exhibit 99.1 NEWS RELEASE 1901 Chouteau Avenue: St. Louis, MO 63103: Ameren.com Contacts: Media Analysts Anthony Paraino Andrew Kirk 314.554.2182 314.554.3942 aparaino@ameren.com akirk@ameren.com For Immediate Release Ameren Announces First Quarter 2024 Results • First quarter Diluted Earnings Per Share were $0.98 in 2024 vs. $1.00 in 2023 • Guidance Range for 2024 Affirmed at $4.52 to $4.72 per Diluted Share ST. LOUIS (May 2, 2024) — Ameren Corporation (NYSE: AEE) today announced first quarter 2024 net inc ...

Core Insights - Ameren Corporation reported a diluted earnings per share of $0.98 for Q1 2024, a slight decrease from $1.00 in Q1 2023, with net income attributable to common shareholders at $261 million compared to $264 million in the previous year [1][2][3] - The company affirmed its earnings guidance for 2024, projecting a range of $4.52 to $4.72 per diluted share, assuming normal temperatures for the remaining months of the year [4] Financial Performance - Q1 2024 results were influenced by increased infrastructure investments and new service rates in both Ameren Illinois and Ameren Missouri, although these were partially offset by higher operational expenses and milder winter temperatures [2][4] - Ameren Missouri's earnings decreased to $25 million in Q1 2024 from $28 million in Q1 2023, while Ameren Illinois Electric Distribution earnings fell from $61 million to $56 million in the same period [4][5] - Conversely, Ameren Illinois Natural Gas segment saw an increase in earnings from $87 million in Q1 2023 to $106 million in Q1 2024, attributed to new delivery service rates [5] Operational Highlights - The company emphasized strong operational performance and strategic investments in infrastructure and grid technology, aiming for reliable and cleaner energy delivery [3] - Ameren's total operating revenues for Q1 2024 were reported at $1.816 billion, down from $2.062 billion in Q1 2023, with electric revenues decreasing from $1.590 billion to $1.364 billion [13][19] - Operating expenses decreased to $1.445 billion in Q1 2024 from $1.711 billion in Q1 2023, primarily due to lower fuel and purchased power costs [13] Cash Flow and Capital Expenditures - Net cash provided by operating activities was $492 million in Q1 2024, slightly down from $496 million in Q1 2023 [17] - Capital expenditures for Q1 2024 were $890 million, compared to $931 million in the same period last year, indicating a focus on managing investment costs [17] Shareholder Information - The weighted-average common shares outstanding increased to 266.4 million in Q1 2024 from 262.2 million in Q1 2023, impacting earnings per share calculations [12][18] - The company remains committed to disciplined cost management, expecting to achieve significant reductions in operations and maintenance expenses in the latter half of the year [3]

Ameren Corporation (AEE) is scheduled to release its first-quarter 2024 results on May 2 after market close. The company delivered a negative earnings surprise of 1.64% in the last reported quarter.However, the company holds a four-quarter average earnings surprise of 6%.  Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors at PlayThe majority of Ameren Corporation’s service territories witnessed a warmer-than-normal temperature pattern during the later part o ...

Per the latest Earnings Preview, the Zacks Utilities sector’s first-quarter 2024 earnings are expected to be up 4.4% on 1.3% higher revenues. The capital-intensive utility stocks benefited from new electric, natural gas and water rates and proper management of operating costs. Further, customer growth aided the utilities.With the assistance of the Zacks Stock Screener, we have identified four utilities, namely Eversource Energy (ES) , Ameren Corporation (AEE) , The AES Corporation (AES) and NiSource Inc. (N ...

Core Insights - Ameren (AEE) is projected to report quarterly earnings of $1.09 per share, a 9% increase year-over-year, with revenues expected to reach $2.2 billion, reflecting a 6.8% year-over-year growth [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has been adjusted upward by 0.4% over the past 30 days, indicating a reassessment by analysts [1] - Analysts predict 'Operating Revenues- Natural gas' will be $494.87 million, showing a year-over-year increase of 4.8% [2] - 'Operating Revenues- Electric' is expected to be $1.62 billion, representing a 2% year-over-year change [2] - 'Electric Sales - Ameren Total' is estimated at 16,646.37 GWh, down from 16,865 GWh reported in the same quarter last year [2] Group 2: Operating Income and Market Performance - The consensus estimate for 'Operating Income- Ameren Missouri' is $122.31 million, significantly higher than the $60 million reported a year ago [3] - Ameren shares have increased by 1.5% over the past month, contrasting with a -2.5% change in the Zacks S&P 500 composite [3] - Ameren holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [3]

PPL Corporation (PPL) is scheduled to release first-quarter 2024 results on May 1, before market open. The company delivered an earnings surprise of 5.3% in the last reported quarter.Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.Factors to ConsiderPPL’s first-quarter earnings are likely to have gained from increased transmission investment and ongoing savings of operation and maintenance through its centralization efforts and asset optimization.However, during t ...

ST. LOUIS, April 10, 2024 /PRNewswire/ -- Martin J. Lyons Jr., chairman, president and CEO of Ameren Corp. (NYSE: AEE), and Michael L. Moehn, senior executive vice president and CFO of Ameren Corp., will discuss first quarter 2024 earnings, earnings guidance and other matters in a conference call with financial analysts at 9 a.m. Central Time (10 a.m. Eastern Time) on Friday, May 3.  The call will be broadcast live over the internet on AmerenInvestors.com. Supporting materials for the call will be posted in ...

Project awarded based on sound design plans and lower cost ST. LOUIS, April 3, 2024 /PRNewswire/ -- A subsidiary of St. Louis-based Ameren Corporation has been selected by the regional transmission operator, the Midcontinent Independent System Operator (MISO), to develop a $273 million transmission project across northern Missouri. "We are proud to have won this vital project that will give Missourians a more resilient energy grid and boost reliability for millions of people," said Shawn Schukar, chairman a ...

Today's approval includes projects capable of powering approximately 73,000 homes and an additional opportunity to deliver more renewable energy to businesses  ST. LOUIS, March 21, 2024 /PRNewswire/ -- Today Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), received approval to build or acquire approximately 400 megawatts (MW) of solar energy. The first of the three solar projects is scheduled to go into service in 2025, with two more set to begin serving customers in 2026. "Thoughtfully inte ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend ...