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 • Signed 2.5 GW of new agreements, including 2.2 GW directly with data center customers ◦ Signed agreements to support 1.2 GW of new data center load at US utilities; in advanced negotiations for up to another 3 GW ...

Now Expects to Achieve Upper Half of 2024 Adjusted EPS Guidance RangeStrategic AccomplishmentsSigned 2.5 GW of new agreements, including 2.2 GW directly with data center customersSigned agreements to support 1.2 GW of new data center load at US utilities; in advanced negotiations for up to another 3 GW over the next 12 monthsSigned 15-year PPAs for 727 MW of wind and solar to serve data center growth in TexasSigned a 310 MW retail supply agreement to support data centers throughout OhioTotal backlog of sign ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________________________________________________________________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12291 THE AES CORPORATION (Exact name of registrant as specified in it ...

Shares of AES (AES) have gained 0.9% over the past four weeks to close the last trading session at $17.59, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $22.71 indicates a potential upside of 29.1%.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 ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Develope ...

We are in the initial stage of the second-quarter 2024 earnings period. So far, the results exceeded expectations. As of Jul 24, 134 companies of the S&P 500 Index — popularly known as Wall Street’s broad-market index — reported their quarterly financial numbers. Total earnings for these index members increased 7.6% from the same period last year on 4.7% higher revenues, with 81.3% beating EPS estimates and 57.5% beating revenue estimates. At present, total earnings of the S&P 500 Index in the second quarte ...

The market expects AES (AES) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering AES (AES) , which belongs to the Zacks Utility - Electric Power industry.This power company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 31.02%.For the last reported quarter, AES came out with earnings of $0.50 per share versus ...