Ameren Q3 net income up slightly YOY, EPS flat

Ameren Corp. on Nov. 4 reported net income of $367 million, or $1.47 per diluted share, in the third quarter of 2020, compared with $364 million, or $1.47 per diluted share, a year earlier.

The S&P Capital IQ consensus GAAP EPS estimate for the third quarter was $1.46.

Quarterly operating revenues were $1.63 billion, down from $1.66 billion a year prior. The utility also reported third-quarter operating income of $494 million, compared to $520 million a year earlier.

The company narrowed its 2020 earnings guidance range to between $3.40 and $3.55 per diluted share, from $3.40 to $3.60 per diluted share.