Ameren raises capital plan and growth targets driven by data center demand
AEE Ameren Corp
$113.28 -0.35%
View chart & analysis → - 1Ameren Corp. reported third-quarter earnings per share (EPS) of $2.42, exceeding the consensus estimate of $2.29.
- 2Ameren raised its five-year capital plan from $31.8 billion to $38.1 billion.
- 3Ameren raised its long-term annual EPS growth target to 8-10% through 2031.
So what's the key point?
Ameren earned more profit than experts expected. The company increased its planned investment to $38.1 billion and raised its growth targets.
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