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Ameren: Q3 Earnings Snapshot
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ST LOUIS (AP) — ST LOUIS (AP) — Ameren Corp. (AEE) on Thursday reported third-quarter profit of $676 million.

The St. Louis-based company said it had net income of $2.42 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.29 per share.

The utility posted revenue of $2.88 billion in the period, matching Street forecasts.

Ameren expects full-year earnings to be $5.35 to $5.55 per share.

Ameren shares have climbed 13% since the beginning of the year, while the S&P's 500 index has climbed slightly more than 7%. In the final minutes of trading on Thursday, shares hit $112.81, a climb of 11% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEE at https://www.zacks.com/ap/AEE

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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