Ameren Corporation (AEE), headquartered in Saint Louis, Missouri, generates and delivers electricity, and distributes natural gas to its customers. Valued at $23.8 billion by market cap, the company generates a net capacity of nearly 10,200 megawatts of electricity and owns more than 7,500 circuit miles of transmission lines. The public utility holding company is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Wednesday, Nov. 6.
Ahead of the event, analysts expect AEE to report a profit of $1.99 per share on a diluted basis, up 6.4% from $1.87 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions.
