Ameren (AEE) Q3 2026 Earnings Call Transcript

Ameren Corp (AEE) raised its 2026 EPS guidance to $5.35-$5.55 and initiated 2027 guidance of $5.70-$5.90. The company increased its five-year capital plan to $38.1B, driving 13.3% rate base growth. It signed 2.8GW of electric service agreements with Google and Amazon. Risks include equity dilution, construction delays, and regulatory uncertainties. Management expects 8-10% EPS growth from 2027 to 2031, with upside potential from a 5.6GW pipeline.

Ameren (NYSE:AEE) unveiled a $38.1B capital plan for 2027-2031, up 20% from last year, aiming for 13.3% annual rate-base growth. The plan includes 7.7GW of new generation capacity in Missouri. The company expects $5B in equity issuance and $5.2B in long-term debt for financing. Regulatory decisions are pending in Missouri and Illinois. Ameren serves 2.5M electric and 900K gas customers in Missouri and Illinois.

Ameren Corporation announced a $38.1B investment plan for 2027-2031, targeting 8%-10% EPS CAGR through 2031. 2026 adjusted EPS guidance raised to $5.35-$5.55, with 2027 guidance at $5.70-$5.90. Large-load growth is expected to support these targets.

Ameren (AEE) reported Q3 2023 earnings with mixed results. Electric distribution revenues in Illinois exceeded estimates by 8.6%, while Missouri's electric revenues fell short by 4.3%. Natural gas revenues in Illinois surpassed estimates by 10.8%. Operating income eliminations were better than expected at -$9M vs. -$28.1M estimate.

Ameren Corp. (AEE) reported Q3 earnings of $2.42 per share, beating estimates. Revenue was $2.882 billion, up 6.8% YoY. The company raised its 2026 guidance and initiated 2027 guidance at $5.70-$5.90 per share, lifting its long-term EPS growth target to 8-10% annually through 2031. Ameren also increased its five-year capital plan to $38.1 billion, driven by data-center growth, including projects with Google and Amazon.

Ameren Corporation reported Q3 EPS of $2.42 and raised 2026 guidance to $5.35-$5.55. The company announced a $38.1B five-year investment plan, targeting 13.3% rate-base growth and 8%-10% EPS growth CAGR for 2027-2031, with potential upside from large-load demand.