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Tale of the Tape

Zacks Equity Research

Ameren Corporation (AEE) Beats on Q3 Earnings Estimates
November 04, 2016

AEE

Trades from $3

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 third quarter Zacks Consensus Estimate for earnings of $1.38 per share has increased by 2 cents over the last 30 days.

Coming to the earnings surprise, Ameren Corporation has surpassed the Zacks Consensus Estimate in three of the last four quarters, which have resulted in a negative average surprise of 1.43%.

Zacks Rank: Currently, Ameren Corporation has a Zacks Rank #3 (Hold) but that could change following its third quarter 2016 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. Earnings per share came in at $1.52, beating the Zacks Consensus Estimate of $1.38 by 10.1%.

Revenues: The company’s reported revenues of $1,859, up 1.4% from the year-ago figure.

Key Stats: Total electric sales in the reported quarter increased by nearly 0.3% year over year to 21,398 million kilowatthours.

Stock Price: It would be interesting to see how the market reacts to the third quarter earnings beat during the trading session today.

AMEREN CORP Price and EPS Surprise

AMEREN CORP Price and EPS Surprise | AMEREN CORP Quote

Check back later for our full write up on this AEE earnings report later!

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