BUZZ-Ameren falls as Q1 profit, revenue decline

Reuters05-04

** Shares of utility company Ameren down 2% at $73.67

** AEE Q1 2024 net income falls 1%, operating revenue declines 11.9% from a year earlier to $1.82 bln

** Company hurt by low demand due to mild winter weather in its service regions and a charge it incurred at its Missouri unit as part of dispute over air pollution emissions

** AEE up 2% so far this year

(Reporting by Arunima Kumar in Bengaluru)

((Arunima.Kumar@thomsonreuters.com; Twitter:

;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment