Ameren Q2 2026: EPS $1.13 beats consensus, revenue down 5.8%
Ameren beat the consensus earnings estimate and held its full-year range, but the top line shrank. Diluted EPS of $1.13 came in above the $1.0976 consensus, while revenue of $2.092 billion fell 5.8% from $2.221 billion a year ago. Read the quarter as a regulated-utility earnings story, not a growth story: the profit gain came from infrastructure investments, while revenue was dragged down by lower off-system sales.
1 · Expected vs. Actual
Free preview belowDiluted EPS was $1.13, up 11.9% from $1.01, and it beat the $1.0976 consensus by 3.0%. Net income attributable to common shareholders rose 14.2%, to $314 million from $275 million. One caveat: the gain was earned across a larger share base, with diluted weighted-average shares at 278.7 million versus 271.6 million.
Revenue of $2.092 billion slipped 5.8% from $2.221 billion a year earlier. The drop is almost entirely an off-system power story: Ameren Missouri's off-system sales and capacity revenue was $148 million this quarter versus $471 million in 2025. Retail revenue was the quieter part — electricity brought in $1.887 billion against $2.038 billion, while natural gas revenue rose to $205 million from $183 million.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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