Ameren Reports Q4 EPS of $0.22 vs. $0.23

Ameren Corporation AEE today announced 2010 net income, in accordance with generally accepted accounting principles (GAAP), of $139 million, or 58 cents per share, compared to 2009 GAAP net income of $612 million, or $2.78 per share. Excluding certain items in each year Ameren recorded 2010 core (non-GAAP) net income of $657 million, or $2.75 per share, compared to 2009 core (non-GAAP) net income of $615 million, or $2.79 per share. For the fourth quarter of 2010, Ameren recorded GAAP net income of $52 million, or 21 cents per share, compared to $79 million, or 34 cents per share, for the fourth quarter of 2009. Excluding certain items in each year, which are discussed below, Ameren recorded fourth quarter 2010 core (non-GAAP) net income of $56 million, or 22 cents per share, compared to fourth quarter 2009 core (non-GAAP) net income of $85 million, or 37 cents per share.