Ameren (AEE) Q2 Earnings Beat Estimates, Revenues Down Y/Y
AEEAmeren(AEE) ZACKS·2024-08-02 22:26

Ameren Corporation (AEE) reported second-quarter 2024 earnings of 97 cents per share, which beat the Zacks Consensus Estimate of 93 cents by 4.3%. The reported figure also improved 7.8% year over year.The year-over-year improvement in the bottom line was driven by earnings generated from increased infrastructure investments, higher Ameren Missouri electric retail sales as well as new Ameren Missouri electric service rates.RevenuesTotal revenues came in at $1.69 billion in the reported quarter, down 3.8% yea ...