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Ameren Corp (AEE) Beats Q2 Earnings Estimates, Sales Up Y/Y
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Ameren Corporation (AEE - Free Report) is a utility company, which generates and distributes electricity and natural gas to residential, commercial, industrial and wholesale end markets in Missouri and Illinois. This St. Louis-based company has been concentrating on its rate-regulated utilities following its exit from the merchant generation business.
However, the company is subject to volatile commodity prices and stringent environmental regulations, which could negatively impact its margins.
Estimate Trend & Surprise History
Investors should note that the second quarter Zacks Consensus Estimate for earnings of 69 cents per share has remained stable over the last seven days.
Coming to the earnings surprise, Ameren Corporation has surpassed the Zacks Consensus Estimate in three of the last four quarters, which have resulted in a positive average surprise of 2.98%.
Zacks Rank: Currently, Ameren Corporation has a Zacks Rank #3 (Hold) but that could change following its second quarter 2017 earnings report which has just released.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Ameren Corporation surpassed earnings estimate. Earnings per share came in at 79 cents, compared with the Zacks Consensus Estimate of 67 cents.
Revenues: The company’s reported revenues of $1,538, up 7.86% from the year-ago figure.
Key Stats: Total electric sales in the reported quarter increased by nearly 9.2% year over year to 19,125 million kilowatthours
Stock Price: It would be interesting to see how the market reacts to the second quarter earnings beat during the trading session today.
Check back later for our full write up on this AEE earnings report later!
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It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
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Ameren Corp (AEE) Beats Q2 Earnings Estimates, Sales Up Y/Y
Ameren Corporation (AEE - Free Report) is a utility company, which generates and distributes electricity and natural gas to residential, commercial, industrial and wholesale end markets in Missouri and Illinois. This St. Louis-based company has been concentrating on its rate-regulated utilities following its exit from the merchant generation business.
However, the company is subject to volatile commodity prices and stringent environmental regulations, which could negatively impact its margins.
Estimate Trend & Surprise History
Investors should note that the second quarter Zacks Consensus Estimate for earnings of 69 cents per share has remained stable over the last seven days.
Coming to the earnings surprise, Ameren Corporation has surpassed the Zacks Consensus Estimate in three of the last four quarters, which have resulted in a positive average surprise of 2.98%.
Zacks Rank: Currently, Ameren Corporation has a Zacks Rank #3 (Hold) but that could change following its second quarter 2017 earnings report which has just released.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key details from the just-released announcement below:
Earnings: Ameren Corporation surpassed earnings estimate. Earnings per share came in at 79 cents, compared with the Zacks Consensus Estimate of 67 cents.
Revenues: The company’s reported revenues of $1,538, up 7.86% from the year-ago figure.
Key Stats: Total electric sales in the reported quarter increased by nearly 9.2% year over year to 19,125 million kilowatthours
Stock Price: It would be interesting to see how the market reacts to the second quarter earnings beat during the trading session today.
Ameren Corporation Price and EPS Surprise
Ameren Corporation Price and EPS Surprise | Ameren Corporation Quote
Check back later for our full write up on this AEE earnings report later!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>