Ameren(AEE)
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Ameren (AEE) Q4 Earnings Miss Estimates, Revenues Fall Y/Y
Zacks Investment Research· 2024-02-23 15:06
Ameren Corporation’s (AEE) fourth-quarter 2023 earnings of 60 cents per share missed the Zacks Consensus Estimate of 61 cents by 1.6%. The reported figure also decreased 4.8% year over year.The year-over-year decline in the bottom line was on account of lower Ameren Missouri electric retail sales, driven primarily by milder-than-normal winter temperatures compared with colder-than-normal winter temperatures in the year-ago quarter. Higher interest expenses at Ameren Parent also negatively impacted the year- ...
Ameren Missouri customers benefit from investments in stronger, smarter grid
Prnewswire· 2024-02-23 13:00
Customers avoid more than 31 million minutes of outages in 2023 thanks to stronger poles, automated switching and other grid upgrades (Editor's Note: See stories about how grid investments are helping Missouri customers and communities in our Smart Energy Plan 2023 Progress Report.) ST. LOUIS, Feb. 23, 2024 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), filed its updated Smart Energy Plan with the Missouri Public Service Commission today. The $12.4 billion, five-year invest ...
Compared to Estimates, Ameren (AEE) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-23 01:31
For the quarter ended December 2023, Ameren (AEE) reported revenue of $1.62 billion, down 20.9% over the same period last year. EPS came in at $0.60, compared to $0.63 in the year-ago quarter.The reported revenue represents a surprise of -22.34% over the Zacks Consensus Estimate of $2.08 billion. With the consensus EPS estimate being $0.61, the EPS surprise was -1.64%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ...
Ameren Announces 2023 Results and Issues Guidance for 2024 Earnings and Long-Term Growth
Prnewswire· 2024-02-22 21:30
2023 Diluted Earnings Per Share (EPS) were $4.38, Compared to $4.14 in 2022 2024 Diluted EPS Guidance Range Established at $4.52 to $4.72 2024 through 2028 Diluted EPS Compound Annual Growth Rate Guidance of 6% to 8% using 2024 Guidance Midpoint as a Base ST. LOUIS, Feb. 22, 2024 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced 2023 net income attributable to common shareholders of $1,152 million, or $4.38 per diluted share, compared to 2022 net income attributable to common shareholders of ...
Ameren(AEE) - 2023 Q4 - Annual Results
2024-02-21 16:00
Exhibit 99.1 NEWS RELEASE 1901 Chouteau Avenue: St. Louis, MO 63103: Ameren.com Contacts Media Investors Tony Paraino Andrew Kirk 314.554.2182 314.554.3942 aparaino@ameren.com akirk@ameren.com For Immediate Release Ameren Announces 2023 Results and Issues Guidance for 2024 Earnings and Long-Term Growth • 2023 Diluted Earnings Per Share (EPS) were $4.38, Compared to $4.14 in 2022 • 2024 Diluted EPS Guidance Range Established at $4.52 to $4.72 • 2024 through 2028 Diluted EPS Compound Annual Growth Rate Guidan ...
Utility Stocks' Earnings to Watch on Feb 22: D, PCG & More
Zacks Investment Research· 2024-02-21 15:16
So far, a handful of the S&P 500 members from the Zacks Utilities sector have released their fourth-quarter earnings. Another cohort of major utility stocks, including Dominion Energy (D) , PG&E Corp. (PCG) , Edison International (EIX) , Ameren (AEE) , Entergy (ETR) and Clearway Energy (CWEN) , is set to announce quarterly reports on Feb 22.Factors to ConsiderDomestic-focused utility companies continue to focus on cost management and implementation of energy-efficiency programs, which reduces their operatin ...
Ameren (AEE) Rewards Shareholders With 6.3% Dividend Hike
Zacks Investment Research· 2024-02-12 13:56
Ameren Corporation (AEE) recently announced that its board of directors has approved a 6.3% increase in its quarterly dividend rate. The revised quarterly dividend will be 67 cents, payable on Mar 29, 2024, to shareholders of record at the close of business on Mar 13, 2024.The company’s new annualized dividend rate is $2.68 per share, resulting in an annualized dividend yield of 3.9%, based on its share price of $68.67 as of Feb 9, 2024. The company’s current dividend yield is better than the Zacks S&P 500 ...
Ameren Corporation increases quarterly cash dividend by 6.3 percent, marking eleven consecutive years of growth
Prnewswire· 2024-02-09 18:39
New annualized rate is $2.68 per share ST. LOUIS, Feb. 9, 2024 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 67 cents per share, a 6.3% increase from the prior quarterly cash dividend of 63 cents per share, resulting in an annualized equivalent dividend rate of $2.68 per share. The previous annualized equivalent dividend rate was $2.52 per share. "We are pleased to announce this is the eleventh consecutive year we've ...
Why Ameren (AEE) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-02-06 18:11
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Ameren (AEE) , which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider.This utility has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 9.64%.For the most recent quarter, Ameren was e ...
Ameren Corporation: The Real Rewards Are In The High-Yield Preferred Shares
Seeking Alpha· 2024-01-27 12:20
zhongguo Ameren Corporation (NYSE:AEE) is a utility holding company with 2.4 million electric customers and 900,000 gas customers. It operates four businesses in two states: Ameren Missouri (electric and gas), Ameren Illinois Electric, Ameren Illinois Natural Gas, and Ameren Transmission (a Midwest electric distributor). I believe this is a utility that is trying to reward investors with share price appreciation more than dividend yield. Ameren Missouri is the largest business segment and produces the major ...