Third Quarter GAAP Diluted Earnings Per Share (EPS) were $1.70 in 2024 vs. $1.87 in 2023 Third Quarter Adjusted (Non-GAAP) Diluted Earnings Per Share were $1.87 in 2024 vs. $1.87 in 2023 2024 GAAP Diluted EPS Guidance Range is now $4.34 to $4.48 per Diluted Share 2024 Adjusted (Non-GAAP) Diluted EPS Guidance Range Established at $4.55 to $4.69 2025 Diluted EPS Guidance Range Established at $4.85 to $5.05ST. LOUIS, Nov. 6, 2024 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced third quarter 2 ...

Core Viewpoint - Ameren (AEE) is expected to report quarterly earnings of $1.93 per share, a 3.2% increase year-over-year, with revenues projected at $2.21 billion, reflecting a 7.2% increase compared to the same period last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 12.4% higher over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts predict 'External revenues- Ameren Illinois Electric Distribution' at $577.21 million, a 3.6% increase from the previous year [5]. - The estimated 'External revenues- Ameren Illinois Natural Gas' is $126.43 million, indicating a 4.5% year-over-year increase [5]. - 'Electric Revenues- Ameren Missouri- Total' is expected to reach $1.21 billion, reflecting a 1.2% decrease from the prior year [6]. - 'Electric Revenues- Ameren Illinois Electric Distribution- Total' is projected at $644.44 million, a 15.5% increase year-over-year [6]. - 'Operating Revenues- Natural gas' is forecasted to be $157.29 million, a 13.2% increase from the previous year [7]. - 'Gas Revenues- Ameren Missouri' is estimated at $21.02 million, suggesting a 16.8% year-over-year increase [7]. - 'Gas Revenues- Ameren Illinois Natural Gas' is projected to reach $136.42 million, indicating an 11.8% increase [7]. - 'Operating Revenues- Electric' is expected to be $2.00 billion, reflecting a 3.9% year-over-year increase [8]. - 'Electric Revenues- Ameren Transmission- Total' is projected at $233.67 million, a 24.3% increase from the previous year [8]. - 'Electric Sales - Ameren Total' is estimated at 19,067.47 GWh, slightly down from 19,098 GWh year-over-year [8]. Operating Income - Analysts suggest 'Operating Income- Ameren Missouri' will likely reach $515.87 million, compared to $419 million reported in the same quarter last year [9]. Stock Performance - Over the past month, shares of Ameren have returned -1%, matching the Zacks S&P 500 composite's -1% change, with a Zacks Rank 2 (Buy) indicating potential outperformance in the near future [9].

Ameren Missouri receives approval to build vital dispatchable energy source and closes on three solar generation projects in 2024ST. LOUIS, Oct. 31, 2024 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), received approval Wednesday from the Missouri Public Service Commission to build an 800-megawatt (MW) simple-cycle natural gas energy center expected to be ready to serve as a reliable backup source of energy in 2027. The Castle Bluff Energy Center represents an investment of ...

Company Overview - Ameren (AEE) is expected to report a year-over-year increase in earnings, with a projected EPS of $1.93, reflecting a change of +3.2% [3] - Revenues for the quarter are anticipated to be $2.21 billion, which is a 7.2% increase from the previous year [3] Earnings Expectations - The earnings report is scheduled for November 6, 2024, and the stock price may react positively if results exceed expectations [2] - Conversely, if the results fall short, the stock may decline [2] Estimate Revisions - The consensus EPS estimate has been revised 12.41% higher in the last 30 days, indicating a reassessment by analysts [4] - However, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, leading to an Earnings ESP of -2.04%, suggesting a bearish outlook [10] Historical Performance - In the last reported quarter, Ameren had an EPS of $0.97, surpassing the expected $0.93, resulting in a surprise of +4.30% [11] - Over the past four quarters, Ameren has beaten consensus EPS estimates two times [12] Market Context - The utility sector, particularly the Electric Power industry, is seeing similar trends with other companies like PSEG, which is expected to post earnings of $0.91 per share, a +7.1% change year-over-year [16] - PSEG's revenue is projected at $2.48 billion, up 0.9% from the previous year [16]

Core Viewpoint - Volatility has returned to Wall Street following a solid September rally, influenced by a Federal Reserve rate cut and recent inflation data, leading to a recommendation for defensive stocks like consumer staples and utilities [1][2]. Inflation Data - The consumer price index (CPI) rose 0.2% in September, matching August's increase and exceeding analysts' expectations of 0.1% [2] - Year-over-year, CPI increased 2.4%, marking the smallest rise in over three and a half years [2] - Core CPI, excluding food and energy, jumped 3.3% year-over-year, surpassing the consensus estimate of 3.2% [2] - The Federal Reserve cut rates by 50 basis points, with the current benchmark rate between 4.75% and 5%, the lowest since April 2023 [2] Consumer Sentiment - The University of Michigan's preliminary consumer sentiment reading fell to 68.9 in October from 70.1 in September, below the forecast of 70.8 [3] - One-year inflation expectations rose to 2.9% from 2.7% in the previous month, reflecting concerns over high prices and a slowing economy [3] Investment Strategy - Investors are advised to focus on low-risk investments, particularly defensive stocks in consumer staples and utilities, with an emphasis on low beta stocks (0 to 1), high dividend yields, and favorable Zacks Rank [4] Company Highlights - **American Water Works Company, Inc. (AWK)**: Serves over 14 million customers, expected earnings growth rate of 7.6%, Zacks Rank 2, beta of 0.69, dividend yield of 2.18% [5] - **Ameren Corporation (AEE)**: Provides electricity and natural gas to nearly 2.4 million electric and over 900,000 natural gas customers, expected earnings growth rate of 5.5%, Zacks Rank 2, beta of 0.45, dividend yield of 3.07% [6] - **Fortis, Inc. (FTS)**: Engaged in electric and gas utility business, expected earnings growth rate of 3.1%, Zacks Rank 2, beta of 0.44, dividend yield of 3.92% [8] - **Unilever PLC (UL)**: Manufactures branded consumer goods, expected earnings growth rate of 8.2%, Zacks Rank 1, beta of 0.48, dividend yield of 2.99% [9] - **The Clorox Company (CLX)**: Produces consumer products, expected earnings growth rate of 7.6%, Zacks Rank 2, beta of 0.41, dividend yield of 3.02% [10]

Group 1 - Ameren (AEE) is currently outperforming its peers in the Utilities sector with a year-to-date gain of approximately 20.6%, compared to the sector average of 17.3% [2] - The Zacks Consensus Estimate for AEE's full-year earnings has increased by 0.7% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [2] - Ameren holds a Zacks Rank of 2 (Buy), suggesting it has favorable characteristics to beat the market in the near term [1][2] Group 2 - Ameren is part of the Utility - Electric Power industry, which consists of 60 stocks and has achieved a year-to-date gain of about 20.5%, indicating that AEE is performing well within this group [3] - In contrast, Deutsche Telekom AG, which belongs to the Diversified Communication Services industry, has seen a year-to-date decline of -2.9% and is ranked 104 among 13 stocks in its industry [3] - Investors interested in Utilities stocks should monitor both Ameren and Deutsche Telekom AG as they continue to show solid performance [3]

Utilities continue to benefit from various favorable factors, such as new electric rates, customer additions, cost management and the implementation of energy-efficiency programs. Also, the ongoing investments to improve the resiliency of electric infrastructure against extreme weather conditions and the ongoing transition to cost-effective, renewable energy sources to produce electricity aid the power industry.Utility companies operating in the United States are taking measures to further strengthen their ...

ST. LOUIS, Oct. 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 third 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 Thursday, Nov. 7.The call will be broadcast live over the internet on AmerenInvestors.com. Supporting materials for the call will be posted in ...

Core Viewpoint - Ameren Missouri, a subsidiary of Ameren Corporation, is pricing a public offering of $450 million in first mortgage bonds to refinance debt and fund sustainable projects [1]. Group 1: Offering Details - The offering consists of $450 million aggregate principal amount of 5.125% first mortgage bonds due in 2055, priced at 99.881% of their principal amount [1]. - The transaction is expected to close on October 7, 2024, pending customary closing conditions [1]. - The net proceeds will be used to refinance short-term debt and/or fund near-term capital expenditures [1]. Group 2: Use of Proceeds - Ameren Missouri plans to allocate an amount equal to the net proceeds to sustainable projects that meet specific eligibility criteria [1]. Group 3: Underwriters - The joint book-running managers for the offering include Barclays Capital Inc., BofA Securities, J.P. Morgan Securities, Morgan Stanley, and KeyBanc Capital Markets [1]. Group 4: Company Background - Ameren Missouri has been providing electric and gas service for over 100 years, serving 1.2 million electric and 135,000 natural gas customers in central and eastern Missouri [3]. - The company's service area spans 64 counties and over 500 communities, including the greater St. Louis area [3].

Investors in Ameren Corporation (AEE) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $95.00 Put had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...