Utilities
Utilities - Regulated Electric
$23.72B
9.4K
Key insights and themes extracted from this filing
Total operating revenues decreased from $2,062 million in Q1 2023 to $1,816 million in Q1 2024, driven by a decrease in electric and natural gas revenues. The electric revenue decreased from $1,590 million to $1,364 million, while natural gas revenue decreased from $472 million to $452 million.
Net income attributable to Ameren common shareholders decreased slightly from $264 million in Q1 2023 to $261 million in Q1 2024. This was primarily due to increased other operations and maintenance expenses and increased income tax expense.
Earnings per diluted share decreased slightly from $1.00 in Q1 2023 to $0.98 in Q1 2024. This decrease is consistent with the slight decrease in net income attributable to common shareholders.