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.
