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Insights Into Ameren (AEE) Q1: Wall Street Projections for Key Metrics
AEEAmeren(AEE) Zacks Investment Research·2024-04-30 14:20

Core Insights - Ameren (AEE) is projected to report quarterly earnings of $1.09 per share, a 9% increase year-over-year, with revenues expected to reach $2.2 billion, reflecting a 6.8% year-over-year growth [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has been adjusted upward by 0.4% over the past 30 days, indicating a reassessment by analysts [1] - Analysts predict 'Operating Revenues- Natural gas' will be $494.87 million, showing a year-over-year increase of 4.8% [2] - 'Operating Revenues- Electric' is expected to be $1.62 billion, representing a 2% year-over-year change [2] - 'Electric Sales - Ameren Total' is estimated at 16,646.37 GWh, down from 16,865 GWh reported in the same quarter last year [2] Group 2: Operating Income and Market Performance - The consensus estimate for 'Operating Income- Ameren Missouri' is $122.31 million, significantly higher than the $60 million reported a year ago [3] - Ameren shares have increased by 1.5% over the past month, contrasting with a -2.5% change in the Zacks S&P 500 composite [3] - Ameren holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [3]