Ameren Corp (AEE) Tops Q1 EPS by 7c

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Ameren (NYSE: AEE) Announces First Quarter 2015 Results and Affirms 2015 Earnings Guidance

May 7, 2015 7:59 AM EDT

ST. LOUIS, May 7, 2015 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced first quarter 2015 net income from continuing operations of $108 million, or 45 cents per share, compared with first quarter 2014 net income from continuing operations of $97 million, or 40 cents per share.

The year-over-year increase in first quarter 2015 earnings from continuing operations reflected the positive effect of increased electric transmission and delivery infrastructure investments made by Ameren Transmission Company of Illinois (ATXI) and Ameren Illinois under formula ratemaking. The earnings contribution from these investments was reduced by lower recognized allowed returns... More