Ameren: 3Q Earnings Snapshot
ST LOUIS (AP) _ Ameren Corp. (AEE) on Friday reported third-quarter net income of $364 million.
The St. Louis-based company said it had profit of $1.47 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.
The utility posted revenue of $1.66 billion in the period.
Ameren expects full-year earnings to be $3.23 to $3.33 per share.
Ameren shares have climbed 14% since the beginning of the year, while the Standard & Poor’s 500 index has risen 23%. The stock has climbed 13% in the last 12 months.