Ameren Q3 2023 Earnings Report
Key Takeaways
Ameren Corporation announced third quarter 2023 net income attributable to common shareholders of $493 million, or $1.87 per diluted share, compared to third quarter 2022 net income attributable to common shareholders of $452 million, or $1.74 per diluted share. The company narrowed its 2023 earnings guidance range to $4.30 to $4.45 per diluted share.
Third Quarter Diluted Earnings Per Share were $1.87 in 2023 vs. $1.74 in 2022
Guidance Range for 2023 Narrowed to $4.30 to $4.45 per Diluted Share from $4.25 to $4.45
Earnings were positively impacted by new Ameren Missouri electric service rates effective July 9, 2023.
Ameren Illinois Electric Distribution earnings increased as a result of a higher allowed return on equity (ROE) due to higher projected average annual 30-year U.S. Treasury bond yields in 2023.
Ameren
Ameren
Ameren Revenue by Segment
Forward Guidance
Ameren narrowed its 2023 earnings guidance range to $4.30 to $4.45 per diluted share compared to the prior range of $4.25 to $4.45 per diluted share. Earnings guidance for 2023 assumes normal temperatures for the last three months of the year and is subject to the effects of, among other things: 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