Ameren Corp (AEE) Tops Q4 EPS by 4c

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Go back to Ameren Corp (AEE) Tops Q4 EPS by 4c

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

February 16, 2018 7:59 AM EST

ST. LOUIS, Feb. 16, 2018 /PRNewswire/ -- Ameren Corporation (NYSE: AEE) today announced 2017 net income attributable to common shareholders in accordance with Generally Accepted Accounting Principles (GAAP) of $523 million, or $2.14 per diluted share, compared to $653 million, or $2.68 per diluted share, for 2016. The 2017 GAAP earnings included non-cash charges, primarily at the parent company, that decreased earnings by a combined $168 million, or 69 cents per diluted share, reflecting the revaluation of deferred taxes as a result of changes in Illinois and federal income tax rates. Excluding these charges, Ameren recorded 2017 core earnings of $691 million, or... More