Ameren's Q1 net income rises YOY, beats Street estimates | AEE Message Board Posts


Ameren Corporation

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Msg  26 of 29  at  5/13/2021 5:59:09 AM  by

jerrykrause


Ameren's Q1 net income rises YOY, beats Street estimates

 from SNL Energy Finance Daily
 
 

Ameren's Q1 net income rises YOY, beats Street estimates

 
Byline: Stephen Cedric Jumchai
 
 

Ameren Corp. on May 10 reported first-quarter 2021 net income attributable to its common shareholders of $233 million, or 91 cents per diluted share, compared to $146 million, or 59 cents per diluted share, posted for the first quarter of 2020.

The S&P Capital IQ consensus GAAP EPS estimate for the first quarter was 76 cents.

Operating revenues for the quarter clocked in at $1.57 billion, compared to $1.44 billion recorded a year ago. The utility also reported a first-quarter operating income of $316 million, compared to $241 million noted during the same period in 2020.

The company also affirmed its 2021 earnings guidance range of $3.65 per diluted share to $3.85 per diluted share.

 


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