Ameren Q1 2023 Earnings Report
Key Takeaways
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.
First Quarter Diluted Earnings Per Share were $1.00 in 2023 vs. $0.97 in 2022
Earnings reflected increased interest expense at Ameren Missouri and Ameren Parent.
Ameren Illinois Electric Distribution earnings increased as a result of a higher allowed return on equity (ROE).
Guidance Range for 2023 Affirmed at $4.25 to $4.45 per Diluted Share
Ameren
Ameren
Ameren Revenue by Segment
Forward Guidance
Ameren affirmed its 2023 earnings guidance range of $4.25 to $4.45 per diluted share. Earnings guidance for 2023 assumes normal temperatures for the last nine months of the year and is subject to the effects of, among other things: 30-year U.S. Treasury bond yields; regulatory, judicial and legislative actions; energy center and energy distribution operations; energy, economic and capital market conditions; severe storms; unusual or otherwise unexpected gains or losses; and other risks and uncertainties outlined, or referred to, in the Forward-looking Statements section of this press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income