* Ameren Corp reported quarterly adjusted earnings of $1.87 per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of fourteen analysts for the quarter was for earnings of $1.91 per share. Wall Street expected results to range from $1.86 to $2.00 per share.
* Revenue rose 5.5% to $2.17 billion from a year ago; analysts expected $2.17 billion.
* Ameren Corp's reported EPS for the quarter was $1.70.
* The company reported quarterly net income of $456 million.
* Ameren Corp shares had risen by 0.4% this quarter and gained 21.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 5.5% in the last three months.
* In the last 30 days, nine analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the multiline utilities peer group is also "buy"
Wall Street's median 12-month price target for Ameren Corp is 90.50 This summary was machine generated from LSEG data November 7 at 03:05 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 1.91 1.87 Missed
Jun. 30 2024 0.93 0.97 Beat
Mar. 31 2024 1.06 0.98 Missed
Dec. 31 2023 0.61 0.60 Missed
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