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Ameren Corp (AEE) revealed a profit for its second quarter that increased from the same period last year.


RTTNews | Aug 6, 2020 04:28PM EDT

16:28 Thursday, August 6, 2020 (RTTNews.com) - Ameren Corp (AEE) revealed a profit for its second quarter that increased from the same period last year.

The company's earnings came in at $243 million, or $0.98 per share. This compares with $179 million, or $0.72 per share, in last year's second quarter.

Analysts had expected the company to earn $0.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.4% to $1.40 billion from $1.38 billion last year.

Ameren Corp earnings at a glance:

-Earnings (Q2): $243 Mln. vs. $179 Mln. last year.-EPS (Q2): $0.98 vs. $0.72 last year.-Analysts Estimate: $0.87-Revenue (Q2): $1.40 Bln vs. $1.38 Bln last year.

-Guidance:Full year EPS guidance: $3.40 to $3.60

Read the original article on RTTNews ( https://www.rttnews.com/3119329/ameren-corp-bottom-line-advances-in-q2.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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