Ameren Corporation announced unaudited consolidated financial results for the first quarter ended March 31, 2013. For the quarter, the company reported total operating revenues of $1,475 million compared with $1,412 million for the same period a year ago. Operating income was $185 million compared with $158 million for the same period a year ago. Income before income taxes was $35 million compared with $23 million for the same period a year ago. Net loss attributable to company was $145 million or $0.60 per basic and diluted share compared with $403 million or $1.66 per basic and diluted share for the same period a year ago. Income from continuing operations was $56 million or $0.22 per basic and diluted share compared to $39 million or $0.15 per basic and diluted share a year ago. Net cash provided by operating activities was $379 million against $383 million for the same period in the last year. Capital expenditures were $275 million against $245 million for the same period in the last year. The increase in first quarter 2013 earnings from continuing operations, compared to first quarter 2012, reflected improved earnings from Ameren Missouri and Ameren Illinois. The company provided earnings guidance for 2013. Ameren expects 2013 earnings from continuing operations to be in the range of $2.00 to $2.20 per share. This guidance incorporates approximately 20% per share of parent company and other costs, including certain costs which were previously allocated to the merchant generation business. Ameren's 2013 earnings guidance for continuing operations assumes normal temperatures for the remaining nine months of the year. For 2013, the company now anticipates negative free cash flow of approximately $500 million compared to February 2013 guidance of a negative $435 million.

Ameren Corporation, Q1 2013 Earnings Call, May 02, 2013

Ameren Corporation announced that they will report Q1, 2013 results at 9:00 AM, Central Standard Time on May 02, 2013