Ameren Q3 2021 Earnings Report
Key Takeaways
Ameren Corporation reported third quarter 2021 net income attributable to common shareholders of $425 million, or $1.65 per diluted share, compared to $367 million, or $1.47 per diluted share in 2020. The results reflect increased earnings on infrastructure investments across all business segments and strong execution of the company's strategy. The company also raised its 2021 earnings per share guidance range to $3.75 to $3.95.
Third Quarter Diluted Earnings Per Share were $1.65 in 2021 vs. $1.47 in 2020
2021 Diluted EPS Guidance Range Raised to $3.75 to $3.95 from $3.65 to $3.85
Earnings were higher at Ameren Missouri due to a change in seasonal electric rate design effective in May 2021 as a result of the March 2020 rate order.
Earnings were also positively impacted by higher Ameren Missouri electric retail sales driven by an economy that continues to recover from the impacts of COVID-19, as well as by warmer-than-normal summer temperatures in the third quarter of 2021 compared to near-normal summer temperatures in the year-ago period.
Ameren
Ameren
Ameren Revenue by Segment
Forward Guidance
Ameren raised its 2021 earnings guidance range to $3.75 to $3.95 per diluted share, compared to the prior range of $3.65 to $3.85 per diluted share. Earnings guidance for 2021 assumes normal temperatures for the last three months of the year and is subject to various factors.
Revenue & Expenses
Visualization of income flow from segment revenue to net income