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Ameren Corp (NYSE: AEE), a number one public utility holding firm, has introduced monetary outcomes for the fourth quarter of 2023. The corporate additionally issued steerage for 2024 earnings and long-term progress.
This autumn web earnings declined to $158 million or $0.60 per share from $163 billion or $0.63 per share a yr earlierTotal working revenues decreased to $1.62 billion within the fourth quarter from $2.05 billion a yr earlierAt $264 million, This autumn working earnings was down 4% year-over-yearThe administration expects full-year 2024 earnings per share to be within the vary of $4.52 to $4.72At the midpoint of the FY4 steerage, the corporate expects earnings to develop at a 6% to eight% compound annual fee from 2024 by means of 2028The multi-year earnings progress is predicted to be pushed by projected fee base progress of about 8.2% compounded yearly from 2023 by means of 2028
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