https://assets.capyfin.com/instruments/678fdc13234e27009c5d58f8.png avatar
Ameren
🇺🇸 NYSE:AEE
View Company
OverviewEarningsDividends
•
Sep 30, 2024

Ameren Q3 2024 Earnings Report

Ameren's Q3 2024 earnings were announced, revealing a mix of increased adjusted earnings driven by infrastructure investments and disciplined cost management, offset by factors like higher interest expense and milder summer temperatures affecting sales.

Key Takeaways

Ameren Corporation reported a GAAP diluted EPS of $1.70 for Q3 2024, compared to $1.87 in Q3 2023. Adjusted non-GAAP diluted EPS was $1.87, consistent with the previous year. The company reaffirmed its 2024 adjusted EPS guidance range of $4.55 to $4.69 and introduced 2025 EPS guidance of $4.85 to $5.05.

Third Quarter GAAP Diluted Earnings Per Share (EPS) were $1.70 in 2024 vs. $1.87 in 2023.

Third Quarter Adjusted (Non-GAAP) Diluted Earnings Per Share were $1.87 in 2024 vs. $1.87 in 2023.

2024 GAAP Diluted EPS Guidance Range is now $4.34 to $4.48 per Diluted Share.

2024 Adjusted (Non-GAAP) Diluted EPS Guidance Range Established at $4.55 to $4.69.

Total Revenue
$2.17B
Previous year: $2.06B
+5.5%
EPS
$1.87
Previous year: $1.87
+0.0%
Gross Profit
$1.12B
Previous year: $1.13B
-0.5%
Cash and Equivalents
$17M
Previous year: $8M
+112.5%
Free Cash Flow
-$260M
Previous year: $158M
-264.6%
Total Assets
$43.3B
Previous year: $39.6B
+9.3%

Ameren

Ameren

Ameren Revenue by Segment

Forward Guidance

Ameren now expects 2024 GAAP diluted earnings per share guidance to be in a range of $4.34 to $4.48, compared to the prior GAAP guidance range of $4.52 to $4.72. Ameren expects 2024 adjusted earnings to be in a range of $4.55 to $4.69. Further, Ameren expects 2025 diluted earnings per share to be in a range of $4.85 to $5.05.

Revenue & Expenses

Visualization of income flow from segment revenue to net income

Company Overview

Full financial data and analysis

View Ameren