For the quarter ended September 2024, Ameren (AEE) reported revenue of $2.17 billion, up 5.5% over the same period last year. EPS came in at $1.87, compared to $1.87 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.21 billion, representing a surprise of -1.57%. The company delivered an EPS surprise of -2.09%, with the consensus EPS estimate being $1.91.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Ameren (AEE) came out with quarterly earnings of $1.87 per share, missing the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -2.09%. A quarter ago, it was expected that this utility would post earnings of $0.93 per share when it actually produced earnings of $0.97, delivering a surprise of 4.30%.Over the last four quarters, the company has surpass ...

Earnings Performance - Third Quarter GAAP Diluted Earnings Per Share (EPS) were $1.70 in 2024, down from $1.87 in 2023, while Adjusted (Non-GAAP) EPS remained unchanged at $1.87[2] - Third Quarter 2024 net income attributable to common shareholders was $456 million, compared to $493 million in the same period of 2023[2] - Net income attributable to Ameren common shareholders for the three months ended September 30, 2024, was $456 million, a decrease of 7.5% from $493 million in the same period of 2023[23] - Earnings per common share (basic) for the three months ended September 30, 2024, were $1.71, down from $1.88 in the same period last year, representing a decline of 9.1%[23] - Ameren Parent reported a loss of $61 million in the third quarter of 2024, an improvement from a loss of $65 million in 2023, primarily due to lower tax expenses[16] Revenue and Income - Total operating revenues for the three months ended September 30, 2024, were $2,173 million, an increase of 5.5% compared to $2,060 million for the same period in 2023[23] - Electric revenue for the three months ended September 30, 2024, was $2,035 million, up 5.9% from $1,921 million in the same period last year[23] - Total electric revenues increased to $2.035 billion from $1.921 billion, marking an increase of 5.9% year-over-year[28] - Gas revenues for Ameren Total were $138 million, slightly down from $139 million, indicating a decrease of 0.7%[29] Guidance and Projections - 2024 GAAP Diluted EPS Guidance Range is now $4.34 to $4.48, and Adjusted EPS Guidance Range is established at $4.55 to $4.69[10] - For 2025, Diluted EPS Guidance Range is established at $4.85 to $5.05, representing a 7.1% increase over the midpoint of the 2024 adjusted guidance range[4] Operating Expenses and Costs - Total operating expenses for the three months ended September 30, 2024, increased to $1,587 million, up 9.7% from $1,446 million in the same period last year[23] - Fuel and purchased power expenses for the three months ended September 30, 2024, were $499 million, an increase of 15.9% compared to $430 million in the same period of 2023[23] - Interest charges for the three months ended September 30, 2024, rose to $173 million, up 13.8% from $152 million in the same period last year[23] Segment Performance - Ameren Missouri's third quarter 2024 adjusted earnings were $415 million, reflecting an increase from $411 million in 2023, driven by infrastructure investments[12] - Ameren Transmission's third quarter 2024 adjusted earnings were $100 million, up from $86 million in 2023, also attributed to increased infrastructure investments[13] - Ameren Illinois Electric Distribution reported third quarter 2024 earnings of $56 million, down from $66 million in 2023, due to a lower allowed return on equity[14] - Ameren Illinois Natural Gas segment reported a loss of $10 million in the third quarter of 2024, compared to a loss of $5 million in 2023, impacted by new delivery service rates[15] Cash Flow and Capital Expenditures - Net cash provided by operating activities was $1.946 billion, down from $2.031 billion, reflecting a decrease of 4.2%[25] - Capital expenditures for the period were $3.029 billion, an increase of 17.8% compared to $2.571 billion in the prior year[25] Assets and Liabilities - Total assets increased to $43.298 billion from $40.830 billion, representing a growth of 3.4% year-over-year[24] - Long-term debt increased to $16.422 billion from $15.121 billion, representing an increase of 8.6%[24] - Total current liabilities rose to $3.567 billion, up from $3.345 billion, indicating an increase of 6.6% year-over-year[24] Other Financial Information - The company reported other income of $101 million for the three months ended September 30, 2024, unchanged from the same period in 2023[23] - The increase in nine-month adjusted earnings for 2024 was attributed to infrastructure investments and disciplined cost control, despite higher interest expenses[6] - The company anticipates regulatory reviews and potential changes in recovery mechanisms that could impact future financial performance[20]

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 ...

In its upcoming report, Ameren (AEE) is predicted by Wall Street analysts to post quarterly earnings of $1.93 per share, reflecting an increase of 3.2% compared to the same period last year. Revenues are forecasted to be $2.21 billion, representing a year-over-year increase of 7.2%.The consensus EPS estimate for the quarter has been revised 12.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during t ...

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 ...

The market expects Ameren (AEE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 6, 2024, might help the stock move higher if these key numbers are ...

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]

For those looking to find strong Utilities stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Ameren (AEE) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.Ameren is one of 105 companies in the Utilities group. The Utilities group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individ ...

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 ...