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Ameren (AEE) Beats on Q1 Earnings Estimate, Sales Up Y/Y
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Ameren Corporation (AEE - Free Report) is a utility company, which generates and distributes electricity and natural gas to residential, commercial, industrial and wholesale end markets in Missouri and Illinois. This St. Louis-based company has been concentrating on its rate-regulated utilities following its exit from the merchant generation business.
However, the company is subject to volatile commodity prices and stringent environmental regulations, which could negatively impact its margins.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 58 cents per share increased remained unchanged over the last seven days.
Coming to the earnings surprise, Ameren Corporation has surpassed the Zacks Consensus Estimate in two of the last four quarters, which have resulted in a positive average surprise of 5.97%.
Zacks Rank: Currently, Ameren Corporation has a Zacks Rank #3 (Hold) but that could change following its first quarter 2018 earnings report which has just released.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Ameren Corporation surpassed earnings estimate. The company’s earnings per share came in at 62 cents, compared with the Zacks Consensus Estimate of 58 cents.
Revenues: The company’s reported revenues of $1,585 million, up 4.6% from the year-ago figure.
Key Stats: The company reaffirmed 2018 earnings guidance in the range of $2.95–$3.15.
Stock Price: It would be interesting to see how the market reacts to the first quarter earnings beat during the trading session today.
Check back later for our full write up on this AEE earnings report later!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Ameren (AEE) Beats on Q1 Earnings Estimate, Sales Up Y/Y
Ameren Corporation (AEE - Free Report) is a utility company, which generates and distributes electricity and natural gas to residential, commercial, industrial and wholesale end markets in Missouri and Illinois. This St. Louis-based company has been concentrating on its rate-regulated utilities following its exit from the merchant generation business.
However, the company is subject to volatile commodity prices and stringent environmental regulations, which could negatively impact its margins.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate for earnings of 58 cents per share increased remained unchanged over the last seven days.
Coming to the earnings surprise, Ameren Corporation has surpassed the Zacks Consensus Estimate in two of the last four quarters, which have resulted in a positive average surprise of 5.97%.
Zacks Rank: Currently, Ameren Corporation has a Zacks Rank #3 (Hold) but that could change following its first quarter 2018 earnings report which has just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Ameren Corporation surpassed earnings estimate. The company’s earnings per share came in at 62 cents, compared with the Zacks Consensus Estimate of 58 cents.
Revenues: The company’s reported revenues of $1,585 million, up 4.6% from the year-ago figure.
Ameren Corporation Price and EPS Surprise
Ameren Corporation Price and EPS Surprise | Ameren Corporation Quote
Key Stats: The company reaffirmed 2018 earnings guidance in the range of $2.95–$3.15.
Stock Price: It would be interesting to see how the market reacts to the first quarter earnings beat during the trading session today.
Check back later for our full write up on this AEE earnings report later!
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>