Ameren Q3 adjusted EPS $2.17 beats prior year $1.87; raises 2025 adjusted EPS guidance to $4.90-$5.10

AMEREN CORP

2025-Q3 EPS reported $4.43 revenue$7,017,000,000

Q3 GAAP diluted EPS $2.35 (up 38% YoY); adjusted EPS $2.17 (up 16% YoY).
2025 adjusted EPS guidance raised to $4.90-$5.10 from $4.85-$5.05; GAAP guidance raised to $5.08-$5.28.
2026 diluted EPS guidance established at $5.25-$5.45 assuming normal weather.
Driven by infrastructure investments, new Missouri electric rates, higher retail sales; offset by higher interest and O&M.
Excluded a $0.18/share tax benefit from FERC order on NOL carryforwards.

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