Q4 25 EPS
$0.78
BEAT +12.46%
Est. $0.69
Q4 25 Revenue
$1.78B
BEAT +4.03%
Est. $1.71B
vs S&P Since Q4 25
-4.3%
TRAILING MARKET
AEE +6.5% vs S&P +10.8%
Full Year 2025 Results
FY 25 EPS
$5.03
BEAT +0.00%
Est. $5.03
FY 25 Revenue
$8.80B
BEAT +2.56%
Est. $8.58B
Market Reaction
Did AEE Beat Earnings? Q4 2025 Results
Ameren delivered a mixed fourth quarter for fiscal 2025, posting adjusted EPS of $0.78 against a consensus estimate of $0.80, a miss of 2.30%, even as revenue of $1.78 billion cleared expectations by 14.03%, though that top line still fell 8.2% from … Read more Ameren delivered a mixed fourth quarter for fiscal 2025, posting adjusted EPS of $0.78 against a consensus estimate of $0.80, a miss of 2.30%, even as revenue of $1.78 billion cleared expectations by 14.03%, though that top line still fell 8.2% from the year-ago period. The earnings shortfall reflected headwinds that proved difficult to fully offset, including higher interest expense at Ameren Missouri and Ameren Parent, elevated operations and maintenance costs tied to energy center upkeep and tree trimming, and a higher weighted-average share count; on the positive side, new electric service rates effective June 1, 2025 at Ameren Missouri and stronger electric retail sales provided meaningful support. Notably, Ameren Missouri recently priced $900 million in first mortgage bonds to refinance short-term debt and fund capital expenditures, underscoring the company's active financing posture. Looking ahead, Ameren affirmed 2026 EPS guidance of $5.25 to $5.45 per diluted share and projects 6% to 8% compound annual EPS growth through 2030, backed by $31.80 billion in planned infrastructure investments.
Key Takeaways
- • Increased earnings on infrastructure investments
- • New electric service rates effective June 1, 2025 at Ameren Missouri
- • Higher electric retail sales driven by colder winter weather in Q4 2025
- • Higher gas sales volumes driven by colder Q4 2025 weather
AEE YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
AEE Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our steadfast focus remains on the customers and communities we serve. Customers depend on us to bring them reliable, resilient energy while keeping their bills as low as possible. A disciplined and strategic approach to investing in our electric and natural gas infrastructure to bolster reliability and facilitate growth in our communities is more important than ever.”
— Martin J. Lyons Jr., Q4 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% |