earnings
confidence high
sentiment neutral
materiality 0.70
Ameren Q3 GAAP EPS $1.70 vs $1.87, adjusted flat $1.87; 2024 GAAP guidance lowered to $4.34-$4.48
AMEREN CORP
2024-Q3 EPS reported
$3.65
revenue$5,682,000,000
- Q3 GAAP diluted EPS $1.70, down from $1.87 YoY; adjusted (non-GAAP) EPS $1.87 flat.
- Adjusted net income $500M; excludes $0.13/share Rush Island charge and $0.04/share FERC refund charge (both net of tax).
- 2024 GAAP EPS guidance range cut to $4.34-$4.48 from $4.52-$4.72; adjusted guidance established at $4.55-$4.69.
- 2025 EPS guidance introduced at $4.85-$5.05, midpoint up 7.1% from 2024 adjusted midpoint of $4.62.
- Lower Q3 adjusted earnings driven by milder summer, higher interest expense, and lower IL Electric ROE.