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Jun 30, 2020

Ameren Q2 2020 Earnings Report

Ameren's Q2 2020 earnings were announced, with diluted earnings per share at $0.98 compared to $0.72 in Q2 2019.

Key Takeaways

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.

Second Quarter Diluted Earnings Per Share were $0.98 in 2020 vs. $0.72 in 2019.

Earnings improvement resulted from increased infrastructure investments across all business segments.

Lower Ameren Missouri operations and maintenance expenses contributed to earnings due to the absence of a refueling and maintenance outage at the Callaway Energy Center compared to the prior year.

2020 earnings guidance range reaffirmed at $3.40 to $3.60 Per Diluted Share

Total Revenue
$1.4B
Previous year: $1.38B
+1.4%
EPS
$0.98
Previous year: $0.72
+36.1%
Gross Profit
$744M
Previous year: $647M
+15.0%
Cash and Equivalents
$8M
Previous year: $6M
+33.3%
Free Cash Flow
-$188M
Previous year: -$89M
+111.2%
Total Assets
$30B
Previous year: $28.1B
+6.8%

Ameren

Ameren

Ameren Revenue by Segment

Forward Guidance

Ameren reaffirmed its 2020 earnings guidance range of $3.40 to $3.60 per diluted share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income