Ameren: Getting Difficult To Justify The Valuation
Ameren Corporation's stock has outperformed recently, gaining 10.51% since September 2024, beating both common stocks and bonds. Despite a 5.49% revenue increase in Q3 2024, Ameren's operating income and net income declined due to higher operating expenses and regulatory changes in Illinois. Ameren plans to invest $21.9 billion in infrastructure from 2024-2028, focusing on renewable energy and natural gas plants to drive future growth.
Are Utilities Stocks Lagging Ameren (AEE) This Year?
Here is how Ameren (AEE) and Atmos Energy (ATO) have performed compared to their sector so far this year.
Ameren Corporation (AEE) Q3 2024 Earnings Call Transcript
Ameren Corporation (NYSE:AEE ) Q3 2024 Results Conference Call November 7, 2024 10:00 AM ET Company Participants Andrew Kirk - Director-Investor Relations and Corporate Modeling Martin Lyons - Chairman, President and Chief Executive Officer Michael Moehn - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Robin Shillock - JPMorgan Paul Patterson - Glenrock Associates Carly Davenport - Goldman Sachs Brian Russo - Jefferies David Paz - Wolfe Research Nick Campanella - Barclays Operator Greetings and welcome to the Ameren Corporation Third Quarter 2024 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Ameren Q3 Earnings Miss Estimates, Revenues Increase Y/Y
AEE's third-quarter earnings lag estimates, and revenues rise year over year by 5.5%. The company decreases its 2024 GAAP earnings guidance.
Compared to Estimates, Ameren (AEE) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Ameren (AEE) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ameren (AEE) Q3 Earnings and Revenues Miss Estimates
Ameren (AEE) came out with quarterly earnings of $1.87 per share, missing the Zacks Consensus Estimate of $1.91 per share. This compares to earnings of $1.87 per share a year ago.
What Analyst Projections for Key Metrics Reveal About Ameren (AEE) Q3 Earnings
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ameren (AEE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
Is Ameren (AEE) Stock Outpacing Its Utilities Peers This Year?
Here is how Ameren (AEE) and Duke Energy (DUK) have performed compared to their sector so far this year.
Ameren (AEE) Reports Next Week: Wall Street Expects Earnings Growth
Ameren (AEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Markets Turn Volatile: 5 Defensive Stocks to Buy
Defensive stocks like AWK, AEE, FTS, UL and CLX are a safe bet during times of market volatility.
Is Ameren (AEE) Outperforming Other Utilities Stocks This Year?
Here is how Ameren (AEE) and Deutsche Telekom AG (DTEGY) have performed compared to their sector so far this year.
ETR or AEE: Which Utility Electric Power Stock Is the Better Option?
Both ETR and AEE operate effectively and continue to offer reliable services to their customers.
