Q3 25 EPS
$2.17
BEAT +2.82%
Est. $2.11
Q3 25 Revenue
$2.70B
BEAT +7.12%
Est. $2.52B
vs S&P Since Q3 25
-0.4%
TRAILING MARKET
AEE +11.7% vs S&P +12.1%
Market Reaction
Did AEE Beat Earnings? Q3 2025 Results
Ameren delivered a convincing third quarter, with adjusted diluted EPS of $2.17 clearing the $2.11 consensus estimate by 2.82% and total revenue of $2.70 billion arriving 7.12% above expectations, up a sharp 24.2% from the year-ago period. The stando… Read more Ameren delivered a convincing third quarter, with adjusted diluted EPS of $2.17 clearing the $2.11 consensus estimate by 2.82% and total revenue of $2.70 billion arriving 7.12% above expectations, up a sharp 24.2% from the year-ago period. The standout driver was Ameren Missouri, where new electric service rates that took effect June 1, 2025 combined with warmer July weather to lift retail electric volumes and push segment earnings to $518 million, up from an adjusted $415 million a year earlier. Higher electric revenues across both the Missouri and Illinois segments reinforced that momentum, even as increased interest expense at Ameren Parent and elevated operations and maintenance costs provided some offset. Management responded to the strong quarter by raising full-year 2025 adjusted EPS guidance to a range of $4.90 to $5.10, up from the prior $4.85 to $5.05, and established 2026 guidance of $5.25 to $5.45, reflecting continued confidence in the company's infrastructure investment cycle and rate-driven earnings growth.
Key Takeaways
- • Increased infrastructure investments
- • New Ameren Missouri electric service rates effective June 1, 2025
- • Higher Ameren Missouri retail electric sales driven by warmer July weather
- • Partially offset by higher interest expense at Ameren Parent and Ameren Missouri
- • Higher energy center and tree trimming expenditures drove increased O&M expenses
AEE YoY Financials
Q3 2025 vs Q3 2024, source: SEC Filings
AEE Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are executing across all elements of our strategy, including hardening the grid, expanding our balanced generation portfolio and supporting economic development. These efforts reflect our commitment to investing in a reliable and resilient energy future that provides value for our customers and communities.”
— Martin J. Lyons, Jr., Q3 2025 Earnings Press Release
AEE Earnings Trends
AEE vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
AEE EPS Trend
Earnings per share: estimate vs actual
AEE Revenue Trend
Quarterly revenue: estimate vs actual
AEE Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $1.17 | $1.28 | +9.09% | $2.18B | -3.18% |
| Q4 25 BEAT FY | $0.69 | $0.78 | +12.46% | $1.78B | +4.03% |
| FY Full Year | $5.03 | $5.03 | +0.00% | $8.80B | +2.56% |
| Q3 25 BEAT | $2.11 | $2.17 | +2.82% | $2.70B | +7.12% |
| Q2 25 BEAT | $1.00 | $1.01 | +1.43% | $2.22B | +24.92% |
| Q1 25 BEAT | $1.04 | $1.07 | +2.75% | $2.10B | +9.88% |