Ameren (NYSE: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:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.56 | 1.73 | 0.85 | 0.98 |
| EPS Actual | 0.63 | 1.74 | 0.80 | 0.97 |
| Revenue Estimate | 1.15B | 1.88B | 1.53B | 1.58B |
| Revenue Actual | 2.05B | 2.31B | 1.73B | 1.88B |
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.
