Ameren Corp (AEE) Misses Q4 EPS by 2c

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Go back to Ameren Corp (AEE) Misses Q4 EPS by 2c

Ameren (NYSE: AEE) Announces 2016 Results and Issues 2017 Earnings Guidance

February 16, 2017 7:59 AM EST

ST. LOUIS, Feb. 16, 2017 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced 2016 net income attributable to common shareholders in accordance with Generally Accepted Accounting Principles (GAAP) of $653 million, or $2.68 per diluted share, compared to $630 million, or $2.59 per diluted share, for 2015. The 2015 GAAP earnings included results from discontinued operations and a loss provision for discontinuing the pursuit of a construction and operating license (COL) for a second nuclear unit at Ameren Missouri's Callaway Energy Center. Excluding these two items, Ameren recorded 2015 core earnings of $622 million, or $2.56 per diluted share.

The year-over-year increase in 2016 earnings reflected increased... More