NYSE$AEE

Ameren Corp · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Ameren's Q2 2022 earnings were announced, revealing consistent earnings per share compared to the previous year, driven by infrastructure investments and favorable weather conditions, offset by increased expenses.

Ameren Corporation reported second quarter 2022 net income attributable to common shareholders of $207 million, or $0.80 per diluted share, the same as the second quarter of 2021. The results reflect earnings on increased infrastructure investments and were positively impacted by higher Ameren Missouri electric retail sales and a higher allowed return on equity at Ameren Illinois Electric Distribution. These favorable factors were offset by an increase in operations and maintenance expenses and increased interest expense.

  • Second Quarter Diluted Earnings Per Share were $0.80 in 2022 vs. $0.80 in 2021.
  • Earnings were positively impacted by higher Ameren Missouri electric retail sales, primarily driven by warmer early summer temperatures.
  • Earnings were also positively impacted by a higher allowed return on equity at Ameren Illinois Electric Distribution due to a higher expected average 30-year U.S. Treasury bond yield.
  • Guidance Range for 2022 Reaffirmed at $3.95 to $4.15 per Diluted Share

Headline financials

Total Revenue

$1.73B

Previous: $1.47B+17.3%
EPS (adj)

$0.80

Previous: $0.80+0.0%
Capital Expenditures

-$1.54B

Previous: -$1.35B-14.3%
Free Cash Flow

-$1.33B

Previous: -$1.14B-16.8%
Net Income

$209M

Previous: $208M+0.5%
Operating Income

$309M

Previous: $286M+8.0%
Gross Profit

$1.66B

Previous: $1.41B+17.7%
Cash & Equivalents

$7M

Previous: $99M-92.9%
Total Assets

$37.1B

Previous: $33.9B+9.4%
Stock-Based Comp

$8M

Previous: $5M+60.0%

Revenue & EPS history

Ameren · Revenue · Quarterly

$1.73B

Q2 2022+17.3%vs Q2 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Ameren · $1.73B total across 4 segments · Q2 2022

  • Ameren Missouri
    $890M+12.8%
  • Ameren Illinois Electric Distribution
    $504M+29.9%
  • Ameren Illinois Natural Gas
    $184M+9.5%
  • Ameren Transmission
    $150M+10.3%

Forward guidance

Ameren reaffirmed its 2022 earnings guidance range of $3.95 to $4.15 per diluted share. Earnings guidance for 2022 assumes normal temperatures for the last six months of the year and is subject to various 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 Q2 2022

Historical avgQ2 2022

+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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