What Analyst Projections for Key Metrics Reveal About Ameren (AEE) Q3 Earnings

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].