NYSE$AEE

Ameren Corp · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Ameren's first quarter earnings per share increased due to solid execution of the company's strategy.

Ameren Corporation reported first quarter 2021 net income attributable to common shareholders of $233 million, or $0.91 per diluted share, compared to first quarter 2020 net income attributable to common shareholders of $146 million, or $0.59 per diluted share. The company affirmed its 2021 earnings guidance range of $3.65 to $3.85 per diluted share.

  • First Quarter Diluted Earnings Per Share were $0.91 in 2021 vs. $0.59 in 2020
  • Earnings were positively impacted by new Ameren Missouri electric service rates effective April 1, 2020, and higher Ameren Missouri electric retail sales.
  • Ameren Illinois Natural Gas Distribution earnings increased due to a change in rate design and higher delivery service rates effective in late January 2021.
  • Guidance Range for 2021 Affirmed at $3.65 to $3.85 per Diluted Share

Headline financials

Total Revenue

$1.57B

Previous: $1M+156500.0%
EPS (adj)

$0.91

Previous: $0.59+54.2%
Capital Expenditures

-$694M

Previous: -$636M-9.1%
Free Cash Flow

-$459M

Previous: -$488M+5.9%
Net Income

$235M

Previous: $148M+58.8%
Operating Income

$316M

Previous: $241M+31.1%
Gross Profit

$1.5B

Previous: -$64M+2437.5%
Cash & Equivalents

$6M

Previous: $42M-85.7%
Total Assets

$32.8B

Previous: $29.3B+12.0%
Stock-Based Comp

$6M

Previous: $6M+0.0%

Revenue & EPS history

Ameren · Revenue · Quarterly

$1.57B

Q1 2021+156,500%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Ameren · $1.53B total across 4 segments · Q1 2021

  • Ameren Missouri
    $641M+1.6%
  • Ameren Illinois Electric Distribution
    $411M+5.4%
  • Ameren Illinois Natural Gas
    $347M+28.0%
  • Ameren Transmission
    $130M+5.7%

Forward guidance

Ameren affirmed its 2021 earnings guidance range of $3.65 to $3.85 per diluted share. Earnings guidance for 2021 assumes normal temperatures for the last nine months of the year and is subject to the effects of, among other things: the impacts of COVID-19; 30-year U.S. Treasury bond yields; regulatory, judicial and legislative actions; energy center and energy distribution operations; energy, economic and capital market conditions; severe storms; unusual or otherwise unexpected gains or losses; and other risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.1%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+0.9%

Avg return

30 days after

49%

31 / 63 earnings

Positive

+5.4%

Q4 2013

Best reaction

-5.2%

Q3 2012

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.9%-3.4%-2.1%
Q4 2025+3.1%+4.3%+5.7%
Q3 2025+0.8%+3.9%-1.4%
Q1 2025+1.4%+1.5%-1.2%
Q4 2024-0.2%-0.4%+0.9%
Q3 2024-1.3%+5.3%+4.7%
Q2 2024+4.1%+1.6%+4.1%
Q1 2024-0.5%-0.2%-1.5%
Q4 2023+0.3%-0.1%+0.4%
Q3 2023-2.4%-4.1%+0.0%
Q2 2023-2.0%-4.1%-7.3%
Q1 2023+2.1%+0.2%-8.4%
Q4 2022+0.8%+2.4%-0.2%
Q3 2022-0.2%+1.4%+8.5%
Q2 2022-1.1%+1.3%+0.7%
Q1 2022-1.3%-1.0%-0.6%
Q4 2021+0.2%+0.5%+4.0%
Q3 2021+0.0%-1.6%+0.8%
Q2 2021+1.9%+2.9%+3.4%
Q1 2021-1.9%-1.5%+0.4%
Q4 2020-1.3%-2.0%+7.5%
Q3 2020-2.2%-1.5%-8.6%
Q2 2020+2.2%+0.9%-1.9%
Q1 2020-2.7%-3.0%+5.6%
Q4 2019-2.4%+1.0%-11.2%
Q3 2019-0.7%+1.3%+0.8%
Q2 2019-2.1%-1.9%+0.7%
Q1 2019+2.7%+3.5%+6.3%
Q4 2018-0.5%+0.0%+4.3%
Q3 2018-1.0%-0.5%+5.6%
Q2 2018+1.3%+1.3%+2.4%
Q1 2018-1.0%-0.6%-0.4%
Q4 2017-2.1%-3.3%-1.4%
Q3 2017-0.3%+0.5%+2.3%
Q2 2017+1.6%+1.9%+4.9%
Q1 2017+1.0%-0.1%+5.4%
Q4 2016+1.6%+2.6%+4.8%
Q3 2016+3.5%-0.0%+1.2%
Q2 2016-1.7%-1.6%-4.2%
Q1 2016-1.1%
Q4 2015-0.1%
Q3 2015-2.0%
Q2 2015+4.6%
Q1 2015+0.0%
Q4 2014-1.1%
Q3 2014+0.0%
Q2 2014-3.6%
Q1 2014-4.1%
Q4 2013+5.4%
Q3 2013-0.6%
Q2 2013+2.4%
Q1 2013+1.8%
Q4 2012-0.2%
Q3 2012-5.2%
Q2 2012+1.2%
Q1 2012-0.7%
Q4 2011+0.3%
Q2 2011+1.8%
Q1 2011+1.1%
Q4 2010+1.4%
Q3 2010-1.0%
Q2 2010+1.5%
Q1 2010+4.3%

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