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Ameren GAAP EPS of $0.90 beats by $0.10, revenue of $1.76B beats by $80M

Aug. 02, 2023 5:20 PM ETAmeren Corporation (AEE)By: Vansh Agarwal, SA News Editor1 Comment
  • Ameren press release (NYSE:AEE): Q2 GAAP EPS of $0.90 beats by $0.10.
  • Revenue of $1.76B (+1.7% Y/Y) beats by $80M.
  • Ameren reaffirmed its 2023 earnings guidance range of $4.25 to $4.45 per diluted share. 

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"Ameren Illinois Electric Distribution earnings increased as a result of a higher allowed ROE due to a higher projected average annual 30-year U.S. Treasury bond yield in 2023" This is funny because they told the news stations in Illinois that they were just passing the cost on from the MISO price increase.

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