02.05.2024 23:06:44 - dpa-AFX: Ameren Corp Q1 Profit Falls, misses estimates
WASHINGTON (dpa-AFX) - Ameren Corp (AEE) released earnings for first quarter
that decreased from last year and missed the Street estimates.
The company's earnings totaled $261 million, or $0.98 per share. This compares
with $264 million, or $1.00 per share, in last year's first quarter.
Analysts on average had expected the company to earn $1.06 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter fell 11.7% to $1.82 billion from $2.06
billion last year.
Ameren Corp earnings at a glance (GAAP) :
-Earnings (Q1): $261 Mln. vs. $264 Mln. last year.
-EPS (Q1): $0.98 vs. $1.00 last year.
-Revenue (Q1): $1.82 Bln vs. $2.06 Bln last year.
-Guidance:
Full year EPS guidance: $4.52 to $4.72
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