AES (AES) closed the last trading session at $16.94, gaining 0.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.71 indicates a 34.1% upside potential.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 of 12.2% from the current price level, the most ...

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 ...

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 ...