AI English summary of an SEC filing — figures as filed
Ameren said net income attributable to Ameren common shareholders for the 3-month period ended September 30, 2024 was $456 million ($1.70 per diluted share), and for the 9-month period was $975 million ($3.65 per diluted share), compared with $493 million and $994 million, respectively, in the year-ago periods.
Key points
AI summaryAmeren said net income attributable to Ameren common shareholders for the 3-month period ended September 30, 2024 was $456 million ($1.70 per diluted share), and for the 9-month period was $975 million ($3.65 per diluted share), compared with $493 million and $994 million, respectively, in the year-ago periods.
The company said a charge recorded by Ameren Missouri in other operations and maintenance expenses related to an agreement in principle with the U.S. Department of Justice, which, if approved, would resolve the NSR and Clean Air Act litigation related to the Rush Island Energy Center, reduced earnings by 13 cents per share for the 3-month period and 17 cents per share for the 9-month period.
Ameren said on June 2024 that Ameren Missouri filed a request with the MoPSC to increase its annual electric service revenues by $446 million. The company said the request is based on a 10.25% ROE and a rate base of $14 billion, and that it expects a decision from the MoPSC in May 2025 and new rates to take effect in June 2025.
Ameren said it plans capital expenditures of up to $22.8 billion from 2024 to 2028, with up to $13.5 billion at Ameren Missouri, up to $7.6 billion at Ameren Illinois and up to $1.7 billion at ATXI.
Key figures
Quarter ended September 30, 2024
- Revenue
- $2.2B
- Operating income
- $586M
- Net income
- $457M
- EPS
- $1.70
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Quarterly and 9-Month Net Income and Diluted EPS
Ameren said net income attributable to Ameren common shareholders for the 3-month period ended September 30, 2024 was $456 million ($1.70 per diluted share), and for the 9-month period was $975 million ($3.65 per diluted share), compared with $493 million and $994 million, respectively, in the year-ago periods.
Source · Based on the MD&A text of the filing
Rush Island-Related Charge and EPS Impact
The company said a charge recorded by Ameren Missouri in other operations and maintenance expenses related to an agreement in principle with the U.S. Department of Justice, which, if approved, would resolve the NSR and Clean Air Act litigation related to the Rush Island Energy Center, reduced earnings by 13 cents per share for the 3-month period and 17 cents per share for the 9-month period.
Source · Based on the MD&A text of the filing
Ameren Missouri Electric Rate Increase Request
Ameren said on June 2024 that Ameren Missouri filed a request with the MoPSC to increase its annual electric service revenues by $446 million. The company said the request is based on a 10.25% ROE and a rate base of $14 billion, and that it expects a decision from the MoPSC in May 2025 and new rates to take effect in June 2025.
Source · Based on the MD&A text of the filing
Capital Expenditure Plan for 2024–2028
Ameren said it plans capital expenditures of up to $22.8 billion from 2024 to 2028, with up to $13.5 billion at Ameren Missouri, up to $7.6 billion at Ameren Illinois and up to $1.7 billion at ATXI.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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