Saint Louis, Missouri-based Ameren Corporation (AEE) generates and distributes electricity and natural gas to residential, commercial, industrial, and wholesale end markets in Missouri and Illinois. With a market cap of $28.6 billion, Ameren operates through Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission segments.
The utilities major is set to unveil its Q3 results after the market closes on Wednesday, Nov. 5. Ahead of the event, analysts expect AEE to report a non-GAAP profit of $2.05 per share, up 9.6% from $1.87 per share reported in the year-ago quarter. While the company has surpassed Wall Street’s earnings projections once over the past four quarters, it has missed the estimates on three other occasions.
For the full fiscal 2025, AEE is expected to deliver an EPS of $4.97, up 7.3% from $4.63 reported in fiscal 2024. In fiscal 2026, its earnings are expected to further grow by 7.2% year-over-year to $5.33 per share.
AEE stock prices have soared 18.9% over the past 52 weeks, notably outperforming the Utilities Select Sector SPDR Fund’s (XLU) 11% gains and the S&P 500 Index’s ($SPX) 15.1% returns during the same time frame.
Ameren’s stock prices gained nearly 1% in the trading session following the release of its impressive Q2 results on Jul. 31. The company’s electric revenues soared almost 34% year-over-year to $2 billion, leading to a solid 31.2% growth in overall operating revenues to $2.2 billion, beating the Street’s expectations by a massive 20.7%. Meanwhile, the company observed a notable contraction in margins, leading to a much more modest 6.6% growth in net income to $275 million. Nevertheless, its EPS of $1.01 surpassed the consensus estimates by 1%.
Analysts remain optimistic about the stock’s prospects. AEE has a consensus “Moderate Buy” rating overall. Of the 14 analysts covering the stock, opinions include eight “Strong Buys” and six “Holds.” As of writing, the stock is trading slightly below its mean price target of $110.50.
