Ameren Corp (NYSE: AEE), a leading public utility holding company, has announced financial results for the fourth quarter of 2023. The company also issued guidance for 2024 earnings and long-term growth.
- Q4 net income declined to $158 million or $0.60 per share from $163 billion or $0.63 per share a year earlier
- Total operating revenues decreased to $1.62 billion in the fourth quarter from $2.05 billion a year earlier
- At $264 million, Q4 operating income was down 4% year-over-year
- The management expects full-year 2024 earnings per share to be in the range of $4.52 to $4.72
- At the midpoint of the FY4 guidance, the company expects earnings to grow at a 6% to 8% compound annual rate from 2024 through 2028
- The multi-year earnings growth is expected to be driven by projected rate base growth of about 8.2% compounded annually from 2023 through 2028
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Tyson Foods (TSN) Q2 2024 Earnings: Key financials and quarterly highlights
Tyson Foods, Inc. (NYSE: TSN) reported second quarter 2024 earnings results today. Sales dipped slightly to $13.07 billion from $13.1 billion in the same period a year ago. Net income
After mixed Q2, what awaits Apple (AAPL) in the second half?
Apple’s (NASDAQ: AAPL) stock rallied this week after the gadget giant reported stronger-than-expected Q2 results and announced the largest-ever share buyback program. The company is investing heavily in the business,
What to expect when Tyson Foods (TSN) reports Q2 2024 earnings results
Shares of Tyson Foods, Inc. (NYSE: TSN) stayed green on Friday. The stock has gained 8% over the past three months. The branded foods company is slated to report its
