Alert: New Earnings Report (11/2/23)-The AES Corp (NYSE: AES).


The AES Corp (NYSE: AES) has reported E.P.S. of $0.34 for its third fiscal quarter (ending September 30) versus $0.63 for the same period a year ago — a decline of -46%. Relative to the consensus estimate of $0.54, this was a shortfall of $-0.20. For the latest four quarters through September 30, E.P.S. were $-0.84 compared to $-0.42 a year ago.


Recent Price Action

The AES Corp (NYSE: AES) stock closed at $15.50 on 11/2/23 after a large increase of 4.4%. The stock has been extremely weak relative to the market over the last nine months but has risen 5.6% during the last week.

Current PriceTarget Research Rating

AES’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

AES has a current Value Trend Rating of F (Lowest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. AES has a neutral Appreciation Score of 48 but a poor Power Rating of 18, with the Lowest Value Trend Rating the result.

Rating Review

In light of this discouraging new earnings information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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