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Ameren: 3Q Earnings Snapshot

ST LOUIS (AP) _ Ameren Corp. (AEE) on Wednesday reported third-quarter net income of $357 million.

The St. Louis-based company said it had profit of $1.45 per share. Earnings, adjusted for non-recurring costs, came to $1.50 per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The utility posted revenue of $1.72 billion in the period.

Ameren expects full-year earnings in the range of $3.35 to $3.45 per share.

Ameren shares have risen 10 percent since the beginning of the year, while the Standard & Poor's 500 index has stayed nearly flat. The stock has risen 5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEE at https://www.zacks.com/ap/AEE