NYSE$AEE

Ameren Corp · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Ameren's Q4 2019 earnings increased due to increased infrastructure investments, lower operating expenses at non-nuclear energy centers, and charitable donations returning to normal levels, offset by lower electric retail sales and energy efficiency performance incentives.

Ameren Corporation reported net income attributable to common shareholders of $94 million, or 38 cents per diluted share, for the three months ended December 31, 2019, compared to $68 million, or 28 cents per diluted share, for the same period in 2018.

  • 2019 GAAP Diluted Earnings Per Share (EPS) were $3.35, Compared to $3.32 in 2018
  • 2019 Core (Non-GAAP) Diluted EPS were $3.35, Compared to $3.37 in 2018
  • 2020 Diluted EPS Guidance Range Established at $3.40 to $3.60
  • 2018 through 2023 EPS Growth Rate Guidance Affirmed

Headline financials

Total Revenue

$1.32B

Previous: $1.42B-7.3%
EPS (adj)

$0.38

Previous: $0.28+35.7%
Capital Expenditures

$650M

Previous: $597M+8.9%
Free Cash Flow

-$148M

Previous: -$113M-31.0%
Net Income

$95M

Previous: $68M+39.7%
Operating Income

$179M

Previous: $166M+7.8%
Gross Profit

$535M

Previous: $517M+3.5%
Cash & Equivalents

$16M

Previous: $16M+0.0%
Total Assets

$28.9B

Previous: $27.2B+6.3%
Stock-Based Comp

$5M

Previous: $5M+0.0%

Revenue & EPS history

Ameren · Revenue · Quarterly

$1.32B

Q4 2019-7.3%vs Q4 2018
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Ameren · $1.3B total across 4 segments · Q4 2019

  • Ameren Missouri
    $592M
  • Ameren Illinois Electric Distribution
    $368M
  • Ameren Illinois Natural Gas
    $229M
  • Ameren Transmission
    $113M

Forward guidance

Ameren expects 2020 diluted earnings per share to be in a range of $3.40 to $3.60. Ameren also affirms its 2018 through 2023 compound annual earnings per share growth expectations of 6% to 8%, using $3.05 per share as the base.

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 Q4 2019

Historical avgQ4 2019

+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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