Ameren Corp (AEE) Tops Q3 EPS by 14c; Boosts FY16 EPS Outlook

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Ameren (NYSE: AEE) Announces Third Quarter 2016 Results and Raises 2016 Earnings Guidance Range

November 4, 2016 7:59 AM EDT

ST. LOUIS, Nov. 4, 2016 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced third quarter 2016 net income attributable to common shareholders of $369 million, or $1.52 per diluted share, compared to third quarter 2015 net income attributable to common shareholders of $343 million, or $1.41 per diluted share.

The year-over-year third quarter earnings increase reflected higher 2016 electric sales to residential and commercial customers, driven by warmer summer temperatures. Earnings in 2016 also benefited from increased electric transmission and electric and natural gas distribution infrastructure investments made by Ameren Transmission Company of Illinois (ATXI) and Ameren Illinois under modern, constructive... More