ST. LOUIS , Aug. 9, 2024 /PRNewswire/ -- The board of directors of Ameren Corporation (NYSE: AEE) today declared a quarterly cash dividend on its common stock of 67 cents per share. This dividend is payable Sept.

From a technical perspective, Ameren Corporation (AEE) is looking like an interesting pick, as it just reached a key level of support. AEE's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.

We have narrowed our search to five low-beta utility stocks that are regular dividend payers. These are: ATO, AEE, AEP, CWT, EXC.

Utility stocks like American Electric Power Company, Inc. (AEP), FirstEnergy Corp. (FE) and Ameren Corporation (AEE) are a safe bet during times of market volatility.

The headline numbers for Ameren (AEE) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Ameren Corp has agreed to power a data center with a capacity of 250 megawatt, a move that would boost its sales, the public utility firm said on Friday.

Ameren Corporation (NYSE:AEE ) Q2 2024 Results Conference Call August 2, 2024 10:00 AM ET Company Participants Andrew Kirk - Director-Investor Relations and Corporate Modeling Marty Lyons - Chairman, President and Chief Executive Officer Michael Moehn - Senior Executive Vice President and Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners Nick Campanella - Barclays Jeremy Tonet - JPMorgan Carly Davenport - Goldman Sachs Paul Patterson - Glenrock Associates Anthony Crowdell - Mizuho David Paz - Wolfe Research Julien Dumoulin-Smith - Jefferies Operator Greetings, and welcome to Ameren Corporation's Second Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

Ameren's (AEE) Q2 revenues of $1.69 billion decrease 3.8% year over year. Revenues also miss the Zacks Consensus Estimate by 9.9%.

Ameren (AEE) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.90 per share a year ago.

Second quarter Diluted Earnings Per Share were $0.97 in 2024 vs. $0.90 in 2023 Guidance Range for 2024 Reaffirmed at $4.52 to $4.72 per Diluted Share ST.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ameren (AEE), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.

Ameren (AEE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.