Ameren (NYSE: AEE ) is expected to report Q2 earnings on Aug. 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Ameren's revenues will drop -9.5% and EPS will wane -32.9%.
The average estimate for revenue is $1.50 billion. On the bottom line, the average EPS estimate is $0.49.
Last quarter, Ameren booked revenue of $1.48 billion. GAAP reported sales were 3.9% higher than the prior-year quarter's $1.37 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.22. GAAP EPS were -$0.60 for Q1 versus -$1.66 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 33.9%, 190 basis points better than the prior-year quarter. Operating margin was 13.0%, 140 basis points better than the prior-year quarter. Net margin was -10.2%, much better than the prior-year quarter.
The full year's average estimate for revenue is $6.35 billion. The average EPS estimate is $2.10.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 190 members out of 232 rating the stock outperform, and 42 members rating it underperform. Among 67 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 58 give Ameren a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Ameren is hold, with an average price target of $33.80.
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