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Ameren (AEE) Misses on Q4 Earnings Estimates

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St. Louis, MO-based Ameren CorporationAEE is a utility company, which generates and distributes electricity and natural gas to residential, commercial, industrial and wholesale end markets in Missouri and Illinois.

Ameren earnings were primarily driven by higher Ameren Missouri electric retail sales. Also, infrastructure investments made at Ameren Transmission, Ameren Illinois Electric Distribution contributed to bottom-line growth.

Estimates Revision & Earnings Surprise Trend

Investors should note that the fourth quarter Zacks Consensus Estimate for earnings of 32 cents per share has moved up by a penny over the last 7days.

Currently, Ameren has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

Coming to the surprise, the company has reported positive earnings surprises in the last four quarters with an average positive earnings surprise of 15.40%.

We have mentioned below some of the vital information from this just-revealed announcement:

Earnings : Ameren's fourth-quarter 2018 adjusted earnings were 28 cents, which missed the Zacks Consensus Estimate of 32 cents per share.

Ameren Corporation Price and EPS Surprise

Ameren Corporation Price and EPS Surprise | Ameren Corporation Quote

Revenue : The company reported revenues of $1,419 million for the fourth-quarter, which increased 1.4% year over year.

Key Stats to Note : Ameren's total electricity sales volumes expanded 9.3% to 19,537 million kilowatt hours (kWh) compared with 17,873 million kWh in the year-ago quarter.

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

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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