22.02.2024 22:37:03

Ameren Corp Bottom Line Drops In Q4, misses estimates

(RTTNews) - Ameren Corp (AEE) revealed a profit for fourth quarter that decreased from the same period last year and missed the Street estimates.

The company's bottom line came in at $158 million, or $0.60 per share. This compares with $163 million, or $0.63 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.61 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 21.0% to $1.62 billion from $2.05 billion last year.

Ameren Corp earnings at a glance (GAAP) :

-Earnings (Q4): $158 Mln. vs. $163 Mln. last year. -EPS (Q4): $0.60 vs. $0.63 last year. -Analyst Estimates: $0.61 -Revenue (Q4): $1.62 Bln vs. $2.05 Bln last year.

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Ameren Corp. 88,00 -0,56% Ameren Corp.