Ameren Q3 revenue beats analyst expectations
AEE•Ameren reported third-quarter revenue of $2.88 billion, beating the $2.82 billion analyst estimate, and adjusted EPS of $2.42, up year over year. It raised its 2026 EPS guidance to $5.35-$5.55 and forecast 2027 EPS of $5.70-$5.90.
1. Quarterly results
Ameren reported third-quarter revenue of $2.88 billion, above the $2.82 billion consensus estimate. Adjusted EPS was $2.42, and net income was $677 million.
2. Outlook raised
The company raised its 2026 EPS guidance to $5.35-$5.55 from $5.25-$5.45 and forecast 2027 EPS of $5.70-$5.90. Ameren targets annual EPS growth of 8%-10% from 2027 to 2031.
3. Results drivers
Ameren said increased earnings from infrastructure investments to improve system reliability and service quality drove results. Higher electric retail sales in Missouri were primarily driven by warmer temperatures, while higher operations and maintenance expenses, mainly from tree trimming and energy center maintenance, partially offset gains.
