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Sep 30, 2022

Ameren Q3 2022 Earnings Report

Ameren announced third quarter 2022 results.

Key Takeaways

Ameren Corporation reported a net income attributable to common shareholders of $452 million, or $1.74 per diluted share, compared to $425 million, or $1.65 per diluted share, for the third quarter of 2021. The company narrowed its 2022 earnings per share guidance range to $4.00 to $4.15.

Third Quarter Diluted Earnings Per Share were $1.74 in 2022 vs. $1.65 in 2021

Guidance Range for 2022 Narrowed to $4.00 to $4.15 per Diluted Share from $3.95 to $4.15

Third quarter 2022 results reflected earnings on increased infrastructure investments made across all business segments driven by strong execution of the company's strategy.

Year-over-year quarterly earnings comparisons were positively impacted by new Ameren Missouri electric service rates effective Feb. 28, 2022.

Total Revenue
$2.31B
Previous year: $1.81B
+27.3%
EPS
$1.74
Previous year: $1.65
+5.5%
Gross Profit
$1.09B
Previous year: $966M
+13.1%
Cash and Equivalents
$7M
Previous year: $7M
+0.0%
Free Cash Flow
-$172M
Previous year: $4M
-4400.0%
Total Assets
$37.7B
Previous year: $34.7B
+8.6%

Ameren

Ameren

Ameren Revenue by Segment

Forward Guidance

Ameren narrowed its 2022 earnings guidance range to $4.00 to $4.15 per diluted share compared to the prior range of $3.95 to $4.15 per diluted share. Earnings guidance for 2022 assumes normal temperatures for the last three months of the year and is subject to the effects of, among other things: the impact of COVID-19; 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