Core Insights - The AES Corporation has a market cap of $10.2 billion and operates approximately 32,000 megawatts of generation capacity, serving 2.7 million customers globally [1] Financial Performance - The company is expected to report fiscal Q3 2025 results on November 4, with analysts predicting an adjusted EPS of $0.70, a decrease of 1.4% from $0.71 in the same quarter last year [2] - For fiscal 2025, adjusted EPS is projected to be $2.17, reflecting a 1.4% increase from $2.14 in fiscal 2024, and is expected to rise 8.3% year-over-year to $2.35 in fiscal 2026 [3] Stock Performance - AES shares have declined by 16.2% over the past 52 weeks, underperforming the S&P 500 Index's gain of 13.4% and the Utilities Select Sector SPDR Fund's increase of 14.1% during the same period [4] Recent Developments - Following the Q2 2025 report, AES shares rose slightly as adjusted EPS of $0.51 exceeded consensus estimates, marking a 34.2% year-over-year increase due to lower taxes and new renewable projects [5] - The company signed 1.6 GW of new solar and wind power purchase agreements (PPAs), increasing its total backlog to 12 GW, with 5.2 GW currently under construction [5] Guidance and Analyst Ratings - AES reaffirmed its 2025 adjusted EPS guidance of $2.10 - $2.26 and aims for a 7% - 9% annual growth target through 2027 [6] - The consensus rating for AES stock is "Moderate Buy," with 12 analysts providing ratings that include five "Strong Buys," five "Holds," one "Moderate Sell," and one "Strong Sell" [6] - The average analyst price target for AES is $14.77, suggesting a potential upside of 2.6% from current levels [6]
AES' Quarterly Earnings Preview: What You Need to Know