AES(AES)

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Should Value Investors Buy AES (AES) Stock?
ZACKS· 2024-08-27 14:41
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and ...
AES (AES) Could Be a Great Choice
ZACKS· 2024-08-26 16:45
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...
Here's Why You Should Add AES to Your Portfolio Right Now
ZACKS· 2024-08-26 16:05
The AES Corporation (AES) is a global energy company. Its strategic investments to expand its clean energy generation capacity and construction of new generation, transmission and distribution projects are likely to boost its performance. Given its growth opportunities, AES makes for a solid investment option in the Utility sector.The company currently carries a Zacks Rank #2 (Buy). Let’s look at the factors that are driving the stock.Growth Projections & Surprise History of AESThe Zacks Consensus Estimate ...
Wall Street Analysts Think AES (AES) Could Surge 34.06%: Read This Before Placing a Bet
ZACKS· 2024-08-15 14:56
AES (AES) closed the last trading session at $16.94, gaining 0.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.71 indicates a 34.1% upside potential.The average comprises seven short-term price targets ranging from a low of $19 to a high of $25, with a standard deviation of $1.98. While the lowest estimate indicates an increase of 12.2% from the current price level, the most ...
Are Investors Undervaluing AES (AES) Right Now?
ZACKS· 2024-08-08 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find s ...
AES(AES) - 2024 Q2 - Earnings Call Transcript
2024-08-02 16:27
The AES Corporation (NYSE:AES) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET Company Participants Susan Harcourt - Vice President of Investor Relations Andres Gluski - President and Chief Executive Officer Steve Coughlin - Chief Financial Officer Conference Call Participants Durgesh Chopra - Evercore ISI Richard Sunderland - J.P. Morgan Antoine Aurimond - Jefferies David Arcaro - Morgan Stanley Michael Sullivan - Wolfe Research Willard Grainger - Mizuho Angie Storozynski - Seaport Biju Perinch ...
AES' Q2 Earnings Surpass Estimates, Revenues Decline Y/Y
ZACKS· 2024-08-02 13:57
The AES Corporation’s (AES) second-quarter 2024 adjusted earnings of 38 cents per share beat the Zacks Consensus Estimate of 36 cents by 5.6%. The bottom line also improved 81% from 21 cents reported in the year-ago quarter.The year-over-year improvement in adjusted earnings can be attributed to a lower adjusted tax rate and higher contributions from the Utilities SBU, as well as renewable projects placed in service in 2024.The company generated GAAP earnings of 27 cents per share against a GAAP loss of 6 c ...
AES(AES) - 2024 Q2 - Earnings Call Presentation
2024-08-02 13:39
The AES Corporation Second Quarter 2024 Financial Review August 2, 2024 CONTAINS FORWARD-LOOKING STATEMENTS Safe Harbor Disclosure Certain statements in the following presentation regarding AES' business operations may constitute "forward-looking statements." Such forward-looking statements include, but are not limited to, those related to future earnings, growth and financial and operating performance. Forward-looking statements are not intended to be a guarantee of future results, but instead constitute A ...
AES (AES) Surpasses Q2 Earnings Estimates
ZACKS· 2024-08-01 22:51
AES (AES) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.56%. A quarter ago, it was expected that this power company would post earnings of $0.32 per share when it actually produced earnings of $0.50, delivering a surprise of 56.25%.Over the last four quarters, the company has surp ...
AES(AES) - 2024 Q2 - Quarterly Results
2024-08-01 20:36
Press Release Investor Contact: Susan Harcourt 703-682-1204, susan.harcourt@aes.com Media Contact: Amy Ackerman 703-682-6399, amy.ackerman@aes.com AES Reports Record Sales with Data Center Hyperscalers Now Expects to Achieve Upper Half of 2024 Adjusted EPS Guidance Range Strategic Accomplishments Q2 2024 Financial Highlights Financial Position and Outlook ARLINGTON, Va., August 1, 2024 – The AES Corporation (NYSE: AES) today reported financial results for the quarter ended June 30, 2024. Pre-tax effect of P ...