Why AES (AES) Could Beat Earnings Estimates Again

Group 1 - The core viewpoint is that AES is positioned well to potentially beat earnings estimates in its upcoming quarterly report, supported by a history of positive earnings surprises [1][2] - AES has achieved an average surprise of 7.44% over the last two quarters, with earnings of $0.73 per share reported against an estimate of $0.69 per share, and $0.60 per share against an estimate of $0.55 per share in the previous quarter [1][2] - The Zacks Earnings ESP for AES is currently +6.67%, indicating a bullish sentiment among analysts regarding its near-term earnings potential [3] Group 2 - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests that AES has a high probability of beating consensus estimates, with historical data showing nearly 70% success in such cases [2][3] - The next earnings report for AES is anticipated to be released on May 2, 2024, which is a critical date for investors to monitor [3] - It is emphasized that while many companies may beat consensus EPS estimates, the Earnings ESP is a crucial metric to assess before quarterly releases to enhance investment success [4]