Ameren Corporation (AEE) Q3 2022 Earnings Call Transcript

Ameren Corporation (NYSE:AEE) Q3 2022 Earnings Conference Call November 4, 2022 10:00 AM ET

Company Participants

Megan McPhail - Manager of IR

Marty Lyons - President and CEO

Michael Moehn - Executive VP, CFO, Ameren Corp., President, Ameren Services

Conference Call Participants

Darius Lozny - Bank of America

Paul Patterson - Glenrock Associates

David Paz - Wolfe Research

Operator

Greetings, and welcome to Ameren Corporation's Third Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Megan McPhail, Manager of Investor for Ameren Corporation. Thank you. Mrs. McPhail, you may begin.

Megan McPhail

Thank you, and good morning. On the call with me today are Marty Lyons, our President, Chief Executive Officer; Michael Moehn, our Executive Vice President and Chief Financial Officer; as well as other members of the Ameren management team.

Marty and Michael will discuss our earnings results and guidance, as well as provide a business update. Then we will open the call for questions.

Before we begin, let me cover a few administrative details. This call contains time-sensitive data that is accurate only as of the date of today's live broadcast and redistribution of this broadcast is prohibited. To assist with our call this morning, we have posted a presentation on the amereninvestors.com homepage that will be referenced by our speakers.

As noted on page two of the presentation, comments made during this conference call may contain statements that are commonly referred to as forward -looking statements. Such statements include those about future expectations, beliefs, plans, projections, strategies, targets, estimates, objectives, events, conditions and financial performance. We caution you that various factors could cause actual results to differ materially from those anticipated. For additional information concerning these factors, please read the forward-looking statements section on our news release we issued yesterday and the forward-looking statements and risk factors section in our filings with SEC. Lastly, all per share earnings amounts discussed during today’s presentation including earnings guidance are presented on a diluted basis unless otherwise noted. Now here's Marty, who will start on page 4.

Marty Lyons

Thanks, Megan. Good morning, everyone. And thank you for joining us. I'm pleased to report that we continue to execute on our strategic plan across each of our business segments, delivering significant value to our customers and shareholders while remaining focused on safety. At the start of the year, we laid out some key initiatives we were focused on. As I sit here today, I can confidently say that we have been able to deliver on these through strong execution of our plan. Starting with Ameren Missouri in February, our new Ameren Missouri Electric service rates took effect as a result of our recent rate review, which was constructively settled at the end of last year.