We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Seeking Clues to Ameren (AEE) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
Read MoreHide Full Article
The upcoming report from Ameren (AEE - Free Report) is expected to reveal quarterly earnings of $2.29 per share, indicating an increase of 5.5% compared to the year-ago period. Analysts forecast revenues of $2.88 billion, representing an increase of 6.8% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Ameren metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts predict that the 'External revenues- Ameren Illinois Electric Distribution' will reach $714.63 million. The estimate suggests a change of +2.4% year over year.
Analysts expect 'External revenues- Ameren Illinois Natural Gas' to come in at $123.18 million. The estimate indicates a change of +5.3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Gas Revenues- Ameren Illinois Natural Gas' of $122.18 million. The estimate suggests a change of +4.4% year over year.
The consensus estimate for 'Electric Revenues- Ameren Illinois Electric Distribution- Total' stands at $714.63 million. The estimate indicates a year-over-year change of +2.2%.
The consensus among analysts is that 'Electric Revenues- Ameren Missouri- Total' will reach $1.84 billion. The estimate indicates a year-over-year change of +8.9%.
The average prediction of analysts places 'Operating Income- Ameren Missouri' at $725.25 million. The estimate is in contrast to the year-ago figure of $591.00 million.
Shares of Ameren have demonstrated returns of +8.6% over the past month compared to the Zacks S&P 500 composite's -2% change. With a Zacks Rank #3 (Hold), AEE is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
Image: Bigstock
Seeking Clues to Ameren (AEE) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
The upcoming report from Ameren (AEE - Free Report) is expected to reveal quarterly earnings of $2.29 per share, indicating an increase of 5.5% compared to the year-ago period. Analysts forecast revenues of $2.88 billion, representing an increase of 6.8% year over year.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Ameren metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts predict that the 'External revenues- Ameren Illinois Electric Distribution' will reach $714.63 million. The estimate suggests a change of +2.4% year over year.
Analysts expect 'External revenues- Ameren Illinois Natural Gas' to come in at $123.18 million. The estimate indicates a change of +5.3% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Gas Revenues- Ameren Illinois Natural Gas' of $122.18 million. The estimate suggests a change of +4.4% year over year.
The consensus estimate for 'Electric Revenues- Ameren Illinois Electric Distribution- Total' stands at $714.63 million. The estimate indicates a year-over-year change of +2.2%.
The consensus among analysts is that 'Electric Revenues- Ameren Missouri- Total' will reach $1.84 billion. The estimate indicates a year-over-year change of +8.9%.
The average prediction of analysts places 'Operating Income- Ameren Missouri' at $725.25 million. The estimate is in contrast to the year-ago figure of $591.00 million.
View all Key Company Metrics for Ameren here>>>Shares of Ameren have demonstrated returns of +8.6% over the past month compared to the Zacks S&P 500 composite's -2% change. With a Zacks Rank #3 (Hold), AEE is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .