Ameren Q2 2022 Earnings Report
Key Takeaways
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.
Second Quarter Diluted Earnings Per Share were $0.80 in 2022 vs. $0.80 in 2021.
Earnings were positively impacted by higher Ameren Missouri electric retail sales, primarily driven by warmer early summer temperatures.
Earnings were also positively impacted by a higher allowed return on equity at Ameren Illinois Electric Distribution due to a higher expected average 30-year U.S. Treasury bond yield.
Guidance Range for 2022 Reaffirmed at $3.95 to $4.15 per Diluted Share
Ameren
Ameren
Ameren Revenue by Segment
Forward Guidance
Ameren reaffirmed its 2022 earnings guidance range of $3.95 to $4.15 per diluted share. Earnings guidance for 2022 assumes normal temperatures for the last six months of the year and is subject to various risks and uncertainties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income