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Mar 31, 2022

Ameren Q1 2022 Earnings Report

Ameren's Q1 2022 financial results were announced, showing increased earnings compared to Q1 2021.

Key Takeaways

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.

First Quarter Diluted Earnings Per Share were $0.97 in 2022 vs. $0.91 in 2021.

Net income attributable to common shareholders increased to $252 million from $233 million year-over-year.

Earnings were positively impacted by higher Ameren Missouri electric retail sales due to colder-than-normal winter temperatures.

Ameren Transmission earnings increased due to the absence of a 2021 FERC order.

Total Revenue
$1.88B
Previous year: $1.57B
+20.0%
EPS
$0.97
Previous year: $0.91
+6.6%
Gross Profit
$772M
Previous year: $725M
+6.5%
Cash and Equivalents
$7M
Previous year: $6M
+16.7%
Free Cash Flow
-$386M
Previous year: -$922M
-58.1%
Total Assets
$36.2B
Previous year: $32.8B
+10.4%

Ameren

Ameren

Ameren Revenue by Segment

Forward Guidance

Ameren affirmed its 2022 earnings guidance range of $3.95 to $4.15 per diluted share, assuming normal temperatures for the last nine months of the year.

Revenue & Expenses

Visualization of income flow from segment revenue to net income