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Mar 31, 2024
Ameren Q1 2024 Earnings Report
Ameren announced first quarter 2024 results, with solid performance driven by strategic infrastructure investments and disciplined cost management.
Key Takeaways
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.
First quarter Diluted Earnings Per Share were $0.98 in 2024 vs. $1.00 in 2023.
2024 earnings guidance range affirmed at $4.52 to $4.72 per Diluted Share.
Earnings positively impacted by new Ameren Illinois Natural Gas service rates and rate design.
Ameren Missouri earnings benefited from new electric service rates and higher electric retail sales.
Revenue by Segment
Forward Guidance
Ameren affirmed its 2024 earnings guidance range of $4.52 to $4.72 per diluted share. Earnings guidance for 2024 assumes normal temperatures for the last nine months of the year and is subject to various risks and uncertainties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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