Ameren Corporation: Initiation of Coverage – Renewables and Energy Transition Initiatives 

Ameren Corporation’s first-quarter 2024 results present a mixed picture, demonstrating the ongoing efforts and challenges facing the utility giant as it pursues infrastructure investments and navigates regulatory landscapes. Ameren reported earnings of $0.98 per share, slightly down from $1.00 per share year-over-year. This marginal decrease can be attributed primarily to mild weather conditions, which offset gains from customer growth and increased usage.