Ameren Earnings Reports

Ameren saw significant growth in Q4 2024, driven by higher infrastructure investments, lower operational costs, and increased retail electric sales. However, rising interest expenses and a lower return on equity at Ameren Illinois Electric Distribution partially offset gains.

Ameren Corporation reported a GAAP diluted EPS of $1.70 for Q3 2024, compared to $1.87 in Q3 2023. Adjusted non-GAAP diluted EPS was $1.87, consistent with the previous year. The company reaffirmed its 2024 adjusted EPS guidance range of $4.55 to $4.69 and introduced 2025 EPS guidance of $4.85 to $5.05.

Ameren Corporation reported second quarter 2024 net income attributable to common shareholders of $258 million, or $0.97 per diluted share, compared to $237 million, or $0.90 per diluted share in the second quarter of 2023. The company reaffirmed its 2024 earnings guidance range of $4.52 to $4.72 per diluted share.

Ameren Corporation reported first quarter 2024 net income attributable to common shareholders of $261 million, or $0.98 per share, compared to $264 million, or $1.00 per share, in the first quarter of 2023. The results reflect earnings on increased infrastructure investments, positively impacted by new rates and higher electric retail sales, offset by higher operations and maintenance expenses and interest expense.

Ameren Corporation reported net income attributable to common shareholders of $158 million, or $0.60 per diluted share, for the three months ended December 31, 2023. This compares to a net income of $163 million, or $0.63 per diluted share, for the same period in 2022. The decrease was primarily due to lower Ameren Missouri electric retail sales driven by milder-than-normal winter temperatures and higher interest expense at Ameren Parent, offset by increased infrastructure investments and new electric service rates.

Ameren Corporation announced third quarter 2023 net income attributable to common shareholders of $493 million, or $1.87 per diluted share, compared to third quarter 2022 net income attributable to common shareholders of $452 million, or $1.74 per diluted share. The company narrowed its 2023 earnings guidance range to $4.30 to $4.45 per diluted share.

Ameren Corporation reported a net income attributable to common shareholders of $237 million, or $0.90 per diluted share, for the second quarter of 2023, compared to $207 million, or $0.80 per diluted share, for the same period in 2022. The results were driven by increased infrastructure investments and lower operations and maintenance expenses. The company reaffirmed its 2023 earnings guidance range of $4.25 to $4.45 per diluted share.

Ameren Corporation reported first quarter 2023 net income attributable to common shareholders of $264 million, or $1.00 per diluted share, compared to $252 million, or $0.97 per diluted share in 2022. The results were driven by increased infrastructure investments across all business segments and positively impacted by lower operations and maintenance expenses in Ameren Missouri and Ameren Illinois Natural Gas.

Ameren Corporation reported net income attributable to common shareholders of $163 million, or 63 cents per diluted share, for the three months ended December 31, 2022, compared to $125 million, or 48 cents per diluted share, for the same period in 2021. The increase was primarily due to increased infrastructure investments and higher weather-driven electric retail sales.

Ameren Corporation reported a net income attributable to common shareholders of $452 million, or $1.74 per diluted share, compared to $425 million, or $1.65 per diluted share, for the third quarter of 2021. The company narrowed its 2022 earnings per share guidance range to $4.00 to $4.15.

Ameren Corporation reported second quarter 2022 net income attributable to common shareholders of $207 million, or $0.80 per diluted share, the same as the second quarter of 2021. The results reflect earnings on increased infrastructure investments and were positively impacted by higher Ameren Missouri electric retail sales and a higher allowed return on equity at Ameren Illinois Electric Distribution. These favorable factors were offset by an increase in operations and maintenance expenses and increased interest expense.

Ameren Corporation reported a net income attributable to common shareholders of $252 million, or $0.97 per diluted share, for the first quarter of 2022, compared to $233 million, or $0.91 per diluted share, for the first quarter of 2021. The results reflect earnings on increased infrastructure investments across all business segments and were positively impacted by higher Ameren Missouri electric retail sales and increased Ameren Transmission earnings.

Ameren reported net income attributable to common shareholders of $125 million, or 48 cents per diluted share, for the three months ended Dec. 31, 2021, compared to $115 million, or 46 cents per diluted share, for the same period in 2020. The increase was due to increased infrastructure investments across all business segments.

Ameren Corporation reported third quarter 2021 net income attributable to common shareholders of $425 million, or $1.65 per diluted share, compared to $367 million, or $1.47 per diluted share in 2020. The results reflect increased earnings on infrastructure investments across all business segments and strong execution of the company's strategy. The company also raised its 2021 earnings per share guidance range to $3.75 to $3.95.

Ameren Corporation reported a net income attributable to common shareholders of $207 million, or $0.80 per diluted share, for the second quarter of 2021, compared to $243 million, or $0.98 per diluted share, for the second quarter of 2020. The company reaffirmed its 2021 earnings guidance range of $3.65 to $3.85 per diluted share.

Ameren Corporation reported first quarter 2021 net income attributable to common shareholders of $233 million, or $0.91 per diluted share, compared to first quarter 2020 net income attributable to common shareholders of $146 million, or $0.59 per diluted share. The company affirmed its 2021 earnings guidance range of $3.65 to $3.85 per diluted share.

Ameren Corporation reported net income attributable to common shareholders of $115 million, or 46 cents per diluted share, for the three months ended December 31, 2020, compared to $94 million, or 38 cents per diluted share, for the same period in 2019. The increase was driven by infrastructure investments, new electric service rates, and lower operations and maintenance expenses.

Ameren Corporation reported net income attributable to common shareholders of $367 million, or $1.47 per diluted share, for the third quarter of 2020, matching the $364 million, or $1.47 per diluted share, from the third quarter of 2019. Earnings were driven by increased infrastructure investments and disciplined cost management, offset by lower electric retail sales due to milder temperatures and the impact of COVID-19.

Ameren Corporation reported a net income attributable to common shareholders of $243 million, or $0.98 per diluted share, for the second quarter of 2020, compared to $179 million, or $0.72 per diluted share, for the same period in 2019. The increase was driven by infrastructure investments and lower operations and maintenance expenses.

Ameren Corporation reported a decrease in net income attributable to common shareholders for the first quarter of 2020, with earnings per share also declining. The company's results were affected by lower weather-driven retail sales and the absence of energy efficiency performance incentives at Ameren Missouri, as well as lower allowed returns on equity at Ameren Illinois Electric Distribution and Ameren Transmission. Despite these challenges, Ameren reaffirmed its 2020 earnings guidance and long-term earnings growth guidance.

Ameren Corporation reported net income attributable to common shareholders of $94 million, or 38 cents per diluted share, for the three months ended December 31, 2019, compared to $68 million, or 28 cents per diluted share, for the same period in 2018.