Ameren: Q1 Earnings Insights

Ameren AEE reported its Q1 earnings results on Thursday, May 4, 2023 at 04:30 PM.

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

Earnings

Ameren beat estimated earnings by 6.38%, reporting an EPS of $1.0 versus an estimate of $0.94.

Revenue was up $183.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 0.01% increase in the share price the next day.

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

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).

Guidance

Ameren management provided guidance for FY 2023, expecting earnings between $4.25 and $4.45 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.