Core Viewpoint - Ameren (AEE) is expected to report quarterly earnings of $1.00 per share, a 3.1% increase year-over-year, with revenues projected at $1.88 billion, reflecting a 10.8% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate has been revised upward by 1.2% in the last 30 days, indicating analysts' reassessment of their initial estimates [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Estimates - Analysts predict 'External revenues - Ameren Illinois Electric Distribution' to reach $540.77 million, a 6.2% year-over-year increase [5]. - 'External revenues - Ameren Illinois Natural Gas' is estimated at $149.99 million, reflecting a 1.3% increase from the previous year [5]. - 'Electric Revenues - Ameren Missouri - Total' is forecasted at $951.36 million, indicating a 10.1% year-over-year change [6]. - 'Electric Revenues - Ameren Illinois Electric Distribution - Total' is expected to be $542.00 million, showing a 6.5% increase from the prior year [6]. - 'Operating Revenues - Natural gas' is estimated at $175.20 million, a 1.9% increase year-over-year [7]. - 'Gas Revenues - Ameren Illinois Natural Gas' is projected to reach $152.05 million, indicating a 2.7% year-over-year change [7]. - 'Operating Revenues - Electric' is expected to be $1.62 billion, reflecting a 6.7% increase from the previous year [8]. - 'Electric Revenues - Ameren Transmission - Total' is forecasted at $206.52 million, indicating an 8.1% year-over-year change [8]. Sales and Income Estimates - 'Electric Sales - Ameren Total' is expected to reach 17,177 gigawatt hours, compared to 17,110 gigawatt hours reported in the same quarter last year [9]. - 'Operating Income - Ameren Missouri' is projected to be $191.89 million, up from $144.00 million reported in the same quarter of the previous year [9]. Stock Performance - Over the past month, Ameren shares have recorded a return of +2.4%, while the Zacks S&P 500 composite has changed by +3.6% [9]. - Ameren holds a Zacks Rank 3 (Hold), suggesting its performance is likely to align with the overall market in the upcoming period [9].
Ahead of Ameren (AEE) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics