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Ameren Corporation’s (AEE - Free Report) third-quarter 2023 earnings of $1.87 per share surpassed the Zacks Consensus Estimate of $1.80 by 3.9%. The reported figure also increased 7.5% year over year.
The year-over-year rise in the bottom line was driven by increased infrastructure investments made across all business segments. New Ameren Missouri electric service rates, effective during the quarter, also contributed to the earnings growth.
Total Revenues
Total revenues came in at $2,060 million in the reported quarter, which decreased 10.7% year over year. Revenues also missed the Zacks Consensus Estimate of $2,373 million by 13.2%.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
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