Ameren Q2 2024 GAAP EPS $0.97 Beats $0.95 Estimate, Sales $1.693B Miss $1.874B Estimate
Portfolio Pulse from Benzinga Newsdesk
Ameren (NYSE:AEE) reported Q2 2024 GAAP EPS of $0.97, beating the estimate of $0.95, but sales of $1.693 billion missed the $1.874 billion estimate. Sales decreased by 3.81% compared to the same period last year.
August 01, 2024 | 8:34 pm
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Ameren's Q2 2024 earnings per share beat estimates, but sales missed expectations and decreased year-over-year. This mixed result may lead to short-term volatility in the stock price.
While Ameren's EPS beat expectations, the significant miss on sales and the year-over-year decline in revenue could create uncertainty among investors, leading to short-term volatility in the stock price.
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