Group 1 - The core viewpoint is that AES is well-positioned to continue its earnings-beat streak in the upcoming report, supported by a strong history of exceeding earnings estimates [1][2] - AES has an average surprise of 31.02% over the past two quarters, with the last reported earnings of $0.50 per share surpassing the consensus estimate of $0.32 per share by 56.25% [1] - The previous quarter also showed a positive surprise, with actual earnings of $0.73 per share against an expected $0.69 per share, resulting in a 5.80% surprise [1] Group 2 - Estimates for AES have been trending higher due to its history of earnings surprises, and the stock has a positive Zacks Earnings ESP of +10.20%, indicating bullish sentiment among analysts [2][3] - The combination of a positive Earnings ESP and a Zacks Rank 2 (Buy) suggests a high likelihood of another earnings beat for AES [3] - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2]
Why AES (AES) is Poised to Beat Earnings Estimates Again