Recap: Ameren Q4 Earnings - Ameren (NYSE:AEE)

Ameren AEE reported its Q4 earnings results on Thursday, February 22, 2024 at 04:30 PM.

Here's what investors need to know about the announcement.

Ameren missed estimated earnings by 1.64%, reporting an EPS of $0.6 versus an estimate of $0.61.

Revenue was down $428.00 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 1.92% drop in the share price the next day.

Here's a look at Ameren's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	1.83	0.81	0.94	0.56
EPS Actual	1.87	0.90	1	0.63
Revenue Estimate	2.29B	1.68B	1.95B	1.15B
Revenue Actual	2.06B	1.76B	2.06B	2.05B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Ameren management provided guidance for FY 2024, expecting earnings between $4.52 and $4.72 per share.

To track all earnings releases for Ameren visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.