AES Corp reports results for the quarter ended in December - Earnings Summary

AES

27/02/2023 12:19

* AES Corp  AES.N  reported quarterly adjusted earnings of
49
cents​​ per share for the quarter ended in December. The mean
expectation of ten analysts for the quarter was for earnings of
46 cents per share.
    * Revenue rose 10.5% to $3.06 billion from a year ago;
analysts
expected $2.99 billion. 
    * AES Corp's reported EPS for the quarter was a loss of
$1.27​.
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * AES Corp shares had fallen by 12.0% this quarter.
    * The company reported a quarterly loss of $903 million.
    * Wall Street's median 12-month price target for AES Corp is
$31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
27 at 12:18 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.46           0.49           Beat
 Sep. 30 2022      0.53           0.63           Beat
 Jun. 30 2022      0.31           0.34           Beat
 Mar. 31 2022      0.28           0.21           Missed