Ameren Corp (AEE) Tops Q1 EPS by 3c

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Go back to Ameren Corp (AEE) Tops Q1 EPS by 3c

Ameren (NYSE: AEE) Announces First Quarter 2017 Results and Affirms 2017 Earnings Guidance

May 4, 2017 7:59 AM EDT

ST. LOUIS, May 4, 2017 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced first quarter 2017 net income attributable to common shareholders of $102 million, or $0.42 per share, compared to first quarter 2016 net income attributable to common shareholders of $105 million, or $0.43 per share.

The year-over-year first quarter earnings decrease reflected lower 2017 electric retail sales at Ameren Missouri primarily driven by very mild winter temperatures, as well as lower tax benefits associated with share-based compensation. These factors were partially offset by the favorable impact of a 2017 change in the timing of interim period revenue recognition at... More