Examining the Future: Ameren's Earnings Outlook

Ameren (NYSE:AEE) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-06. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Ameren will report an earnings per share (EPS) of $1.91.

Ameren bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.03, leading to a 1.56% increase in the share price on the subsequent day.

Here's a look at Ameren's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.94

1.06

0.61

1.83

EPS Actual

0.97

0.98

0.60

1.87

Price Change %

2.0%

-2.0%

1.0%

-2.0%

Ameren Share Price Analysis

Shares of Ameren were trading at $86.02 as of November 04. Over the last 52-week period, shares are up 11.85%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Insights on Ameren

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Ameren.

The consensus rating for Ameren is Neutral, ...