AES Corp expected to post earnings of 23  cents a share - Earnings Preview

AES

03/05/2023 12:08

* AES Corp  AES.N   AES  is expected to show a fall in
quarterly
revenue when it reports  results on May 5. 
    * The Arlington Virginia-based  company is expected to
report  a
0.4% decrease in revenue to $2.84 billion from $2.85 billion a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AES Corp is for
earnings
of 23 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for AES Corp is
$30.5​, above​ its last closing price of $22.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.47        0.46       0.49      Beat    5.7
 Sep. 30 2022  0.55        0.53       0.63      Beat    18.3
 Jun. 30 2022  0.31        0.31       0.34      Beat    8.3​
 Mar. 31 2022  0.26        0.28       0.21      Missed  -23.8
 ​​Dec.        0.44        0.43       0.45      Beat    3.6
 31 2021                                                
 Sep. 30 2021  0.43        0.43       0.50      Beat    15.3​
 Jun. 30 2021  0.29        0.29       0.31      Beat    7.3
 Mar. 31 2021  0.30        0.30       0.28      Missed  -6.2
 This summary was machine generated May 3 at 11:08 GMT.  All
figures in US dollars  unless otherwise stated