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Ameren (AEE) Beats on Q4 Earnings Estimates, 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 fourth quarter Zacks Consensus Estimate for earnings of 34 cents per share increased by a penny over the last seven days.

Coming to the earnings surprise, Ameren Corporation has missed the Zacks Consensus Estimate in two of the last four quarters, which have resulted in a negative average surprise of 1.05%.

Zacks Rank: Currently, Ameren Corporation has a Zacks Rank #3 (Hold) but that could change following its fourth quarter 2017 earnings report which has just released.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Ameren Corporation Price and EPS Surprise

Ameren Corporation Price and EPS Surprise | Ameren Corporation Quote

Ameren Corporation Price and EPS Surprise

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 39 cents, compared with the Zacks Consensus Estimate of 34 cents.

Revenues: The company’s reported revenues of $1,402, up 3.4% from the year-ago figure.

Key Stats: The company issued 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 fourth quarter earnings beat during the trading session today.

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

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