Ameren Q4 2023 GAAP EPS $0.60 Misses $0.61 Estimate, Sales $1.62B Miss $2.03B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ameren reported Q4 2023 earnings of $0.60 per share, missing the consensus estimate of $0.61. Quarterly sales were $1.62 billion, below the $2.03 billion estimate, marking a 20.92% decrease from the previous year.
February 22, 2024 | 9:31 pm
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NEGATIVE IMPACT
Ameren's Q4 2023 earnings and sales missed estimates, with a significant year-over-year sales decrease.
Missing both earnings and sales estimates, especially with a significant year-over-year decrease in sales, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100