Ameren Q1 EPS $0.98 vs $1.00; revenue $1.82B; 2024 guidance reaffirmed at $4.52-$4.72

AMEREN CORP

2024-Q1 EPS reported $0.98 revenue$1,816,000,000

Q1 2024 diluted EPS $0.98 vs $1.00 in Q1 2023; net income $261M vs $264M.
Total operating revenues $1.82B, down 12% YoY from $2.06B; electric $1.36B, natural gas $452M.
Affirms 2024 EPS guidance range $4.52-$4.72, assuming normal weather for rest of year.
Earnings impacted by higher O&M at Ameren Missouri including Rush Island litigation charge, higher interest expense.
Positive factors: infrastructure investments, new gas rates at Ameren IL, new electric rates at Ameren MO.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMEREN CORP reported first quarter 2024 results: net income $261 million, EPS $0.98. Guidance reaffirmed.

Period: first quarter 2024
Net income: $261 million
EPS: $0.98
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On May 2, 2024, Ameren Corporation (“Ameren”) issued a press release announcing its earnings for the quarterly period ended March 31, 2024.

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AMEREN CORP filing history →

Source: SEC EDGAR

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