AES Corp expected to post earnings of 54  cents a share - Earnings Preview

AES

31/10/2023 23:52

* AES Corp  AES.N   AES  is expected to show a fall in
quarterly
revenue when it reports  results on November 2. 
    * The Arlington Virginia-based  company is expected to
report  a
1.6% decrease in revenue to $3.568 billion from $3.63 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data. 
    * ​Refinitiv's mean analyst estimate for AES Corp is for
earnings
of 54 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 5.9%
in the last three months. ​
    * Wall Street's median 12-month price target for AES Corp is
$23​,
above​ its last closing price of $14.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.22        0.22       0.21      Missed  -3.4
 Mar. 31 2023  0.20        0.23       0.22      Missed  -3.2
 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.        0.31        0.31       0.34      Beat    8.3
 30 2022                                                
 Mar. 31 2022  0.26        0.28       0.21      Missed  -23.8​
 Dec. 31 2021  0.44        0.43       0.45      Beat    3.6
 Sep. 30 2021  0.43        0.43       0.50      Beat    15.3
 This summary was machine generated October 31 at 23:52 GMT.  All
figures in US dollars  unless otherwise stated