Here's What Key Metrics Tell Us About Ameren (AEE) Q4 Earnings

By Zacks Equity Research | February 11, 2026, 6:30 PM

For the quarter ended December 2025, Ameren (AEE) reported revenue of $1.78 billion, down 8.2% over the same period last year. EPS came in at $0.78, compared to $0.77 in the year-ago quarter.

The reported revenue represents a surprise of -14.92% over the Zacks Consensus Estimate of $2.09 billion. With the consensus EPS estimate being $0.77, the EPS surprise was +1.56%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Ameren performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Electric Sales - Ameren Total: 16,927.00 GWh compared to the 16,648.05 GWh average estimate based on two analysts.
  • Electric Revenues- Ameren Missouri- Total: $738 million compared to the $1.1 billion average estimate based on two analysts. The reported number represents a change of -21.9% year over year.
  • Electric Revenues- Ameren Illinois Electric Distribution- Total: $555 million versus $527.9 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +6.3% change.
  • Electric Revenues- Ameren Transmission- Total: $204 million compared to the $208.2 million average estimate based on two analysts. The reported number represents a change of +4.6% year over year.
  • Operating Revenues- Natural gas: $337 million versus $327.17 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +5% change.
  • Gas Revenues- Ameren Illinois Natural Gas: $282 million versus the two-analyst average estimate of $284.35 million. The reported number represents a year-over-year change of +1.4%.
  • Operating Revenues- Electric: $1.45 billion compared to the $1.76 billion average estimate based on two analysts. The reported number represents a change of -10.8% year over year.
  • Gas Revenues- Ameren Missouri: $55 million versus the two-analyst average estimate of $43.13 million. The reported number represents a year-over-year change of +27.9%.

View all Key Company Metrics for Ameren here>>>

Shares of Ameren have returned +4.3% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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This article originally published on Zacks Investment Research (zacks.com).

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