earnings
confidence high
sentiment neutral
materiality 0.55
Ameren Q1 diluted EPS $1.00, up from $0.97 YoY; affirms 2023 guidance $4.25-$4.45
AMEREN CORP
2023-Q1 EPS reported
$1.00
revenue$2,062,000,000
- Q1 net income attributable to common shareholders $264M ($1.00 diluted EPS) vs $252M ($0.97) in Q1 2022.
- Total operating revenues $2,062M, up 9.7% YoY from $1,879M; electric revenues grew to $1,590M.
- Operating income $351M vs $331M in prior year; depreciation up to $320M from $299M.
- Affirmed 2023 EPS guidance range of $4.25-$4.45, assuming normal temperatures rest of year.
- Segment: higher Ameren Illinois allowed ROE due to 30-year Treasury yield; mild winter lowered electric retail sales.