Overview

* Ameren Q3 2025 revenue beats analyst expectations, adjusted EPS also exceeds estimates

* Company raises 2025 EPS guidance range, indicating confidence in future performance

* Adjusted earnings driven by infrastructure investments and new electric service rates

Outlook

* Ameren ( AEE ) raises 2025 GAAP EPS guidance to $5.08-$5.28

* Ameren ( AEE ) raises 2025 adjusted EPS guidance to $4.90-$5.10

* Ameren ( AEE ) sets 2026 EPS guidance at $5.25-$5.45

Result Drivers

* INFRASTRUCTURE INVESTMENTS - Increased investments contributed to higher adjusted earnings in Q3 2025

* NEW ELECTRIC RATES - New Ameren Missouri electric service rates effective June 2025 boosted earnings

* WARMER WEATHER - Higher retail sales in Missouri driven by warmer July weather supported earnings

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $2.70 $2.48

Revenue bln bln (6

Analysts

)

Q3 Beat $2.17 $2.11

Adjusted (10

EPS Analysts

)

Q3 EPS $2.35

Q3 Beat $592 mln $575.99

Adjusted mln (4

Net Analysts

Income )

Q3 Net $641 mln

Income

Q3 -$48 mln

Operatin

g Income

Q3 $693 mln

Pretax

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the multiline utilities peer group is "buy"

* Wall Street's median 12-month price target for Ameren Corp ( AEE ) is $111.50, about 8.6% above its November 4 closing price of $101.91

* The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)