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 ...

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 ...

Core Viewpoint - AES stock shows potential for upside based on analysts' price targets, with a mean target of $22.71 indicating a 34.1% upside from the current price of $16.94 [1] Price Target Analysis - The average price target for AES ranges from a low of $19 to a high of $25, with a standard deviation of $1.98, suggesting a moderate agreement among analysts [1] - The lowest estimate indicates a 12.2% increase, while the highest suggests a 47.6% upside [1] Analyst Sentiment - Analysts exhibit strong agreement in revising earnings estimates higher, which correlates with potential stock price increases [5] - The Zacks Consensus Estimate for AES has increased by 0.8% over the last 30 days, with no negative revisions [5] Zacks Rank - AES holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for upside [5] Caution on Price Targets - While price targets can provide insights, they should not be the sole basis for investment decisions due to historical inaccuracies in predicting actual stock movements [3][4][6]

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 ...

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 ...

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 ...

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) 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 ...

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 ...

Core Insights - The AES Corporation expects to achieve the upper half of its 2024 Adjusted EPS guidance range of $1.87 to $1.97, driven by new renewable projects and growth in U.S. utilities [3][7]. Strategic Accomplishments - The company signed 2.5 GW of new agreements, including 2.2 GW directly with data center customers, and has a total backlog of signed long-term Power Purchase Agreements (PPAs) now at 12.6 GW [1][5]. - Completed the construction or acquisition of 1.6 GW year-to-date in 2024 and is on track to add 3.6 GW of new projects to operations by the end of 2024 [1][5]. Financial Highlights - For Q2 2024, the company reported a diluted EPS of $0.27, compared to a loss of $0.06 in Q2 2023, and a net income attributable to AES of $185 million, compared to a loss of $39 million in the same quarter last year [2][4]. - Adjusted EBITDA for Q2 2024 was $652 million, an increase of $83 million compared to Q2 2023, while Adjusted EBITDA with Tax Attributes was $843 million, up $236 million year-over-year [2][4]. Financial Position and Outlook - The company reaffirms its annualized Adjusted EPS growth target of 7% to 9% through 2025 and 2027, based on 2020 and 2023 guidance, respectively [3][7]. - The 2024 guidance for Adjusted EBITDA is reaffirmed at $2,600 to $2,900 million, with expectations for Adjusted EBITDA with Tax Attributes to be in the upper half of the range of $3,550 to $3,950 million [6][7].