Ameren Earnings: Everything You Must Know Now

Ameren Corporation (NYSE:AEE) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Ameren Corporation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 39.73% to $0.44 in the quarter versus EPS of $0.73 in the year-earlier quarter.

Revenue: Decreased 15.48% to $1.4 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Ameren Corporation reported adjusted EPS income of $0.44 per share. By that measure, the company missed the mean analyst estimate of $0.49. It missed the average revenue estimate of $1.5 billion.

Quoting Management: “Second quarter earnings from continuing operations were in line with our expectations excluding the charge related to the Missouri Court of Appeals FAC decision,” said Thomas R. Voss, chairman, president and CEO of Ameren Corporation. “Reflecting this charge, we have updated our 2013 guidance for earnings from continuing operations to a range of $2.00 to $2.15 per share, compared to our prior range of $2.00 to $2.20 per share.”

Key Stats (on next page)…

Revenue decreased 4.88% from $1.48 billion in the previous quarter. EPS increased 100% from $0.22 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $1.23 to a profit $1.27. For the current year, the average estimate has moved down from a profit of $2.11 to a profit of $2.10 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)