Ameren Corporation (NYSE:AEE) Q2 2019 Earnings Conference Call - Final Transcript

Aug 02, 2019 • 10:00 am ET


Ameren Corporation (NYSE:AEE) Q2 2019 Earnings Conference Call - Final Transcript


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Martin J. Lyons

required to file annual rate updates to systematically adjust cash flows over time for changes in cost of service and to true up any prior period over or under recovery of such costs. In late June, the ICC staff issued its recommendation, which was comparable to Ameren Illinois' request. An ICC decision is expected in December, with new rates expected to be effective in January 2020.

Finally, turning to page 14, I will summarize. We continue to expect to deliver strong earnings growth in 2019 as we successfully execute our strategy. As we look to the longer term, we continue to expect strong earnings per share growth, driven by a rate base growth and disciplined financial management.

Further, we expect this growth to compare favorably with the growth of our regulated utility peers. In addition, Ameren shares continue to offer investors an attractive dividend. In total, we have an attractive total shareholder return story that we believe compares very favorably to our peers.

That concludes my prepared remarks. With that, we now invite your questions.