Electric and gas utility Ameren beats Q3 revenue estimates; lifts 2025 adj EPS outlook

Ameren

05/11/2025 21:39

Overview

Ameren Q3 2025 revenue beats analyst expectations, adjusted EPS also exceeds estimates

Company raises 2025 EPS guidance range, indicating confidence in future performance

Adjusted earnings driven by infrastructure investments and new electric service rates

Outlook

Ameren raises 2025 GAAP EPS guidance to $5.08-$5.28

Ameren raises 2025 adjusted EPS guidance to $4.90-$5.10

Ameren sets 2026 EPS guidance at $5.25-$5.45

Result Drivers

INFRASTRUCTURE INVESTMENTS - Increased investments contributed to higher adjusted earnings in Q3 2025

NEW ELECTRIC RATES - New Ameren Missouri electric service rates effective June 2025 boosted earnings

WARMER WEATHER - Higher retail sales in Missouri driven by warmer July weather supported earnings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$2.70 bln
$2.48 bln (6 Analysts)
Q3 Adjusted EPS
Beat
$2.17
$2.11 (10 Analysts)
Q3 EPS
$2.35
Q3 Adjusted Net Income
Beat
$592 mln
$575.99 mln (4 Analysts)
Q3 Net Income
$641 mln
Q3 Operating Income
-$48 mln
Q3 Pretax Profit
$693 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the multiline utilities peer group is "buy"

Wall Street's median 12-month price target for Ameren Corp is $111.50, about 8.6% above its November 4 closing price of $101.91

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nPn7n4B38a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)