Ameren Corp (AEE) Q3 Earnings: Stock To Beat Estimates?
Zacks Investment Research | Nov 01, 2016 10:02PM ET
We expect Ameren Corporation (NYSE:AEE) will beat earnings estimate when it’ll release third-quarter 2016 financial results before the market opens on Nov 4. Last quarter, the utility has reported a positive earnings surprise of 15.09%.
Why a Likely Positive Surprise?
Our proven model shows that Ameren is likely to beat earnings this season because it has the right combination of two key ingredients. A stock needs to have both a positive Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises.
Zacks Rank: Ameren’s Zacks Rank #3, when combined with a positive ESP, makes us reasonably confident of an earnings beat this quarter.
Conversely, Sell-rated stocks (#4 or #5) should never be considered going into an earnings announcement, especially when the company is seeing negative estimate revisions.
AMEREN CORP Price and EPS Surprise
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