AES (AES) Projected to Post Quarterly Earnings on Thursday

AES (NYSE:AES - Get Free Report) is anticipated to issue its Q1 2025 quarterly earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.49 per share and revenue of $3.13 billion for the quarter. AES has set its FY25 guidance at $2.10-2.26 EPS and its FY 2025 guidance at 2.100-2.260 EPS.

AES (NYSE:AES - Get Free Report) last announced its earnings results on Friday, February 28th. The utilities provider reported $0.54 earnings per share for the quarter, topping analysts' consensus estimates of $0.34 by $0.20. The business had revenue of $2.96 billion during the quarter, compared to the consensus estimate of $3.07 billion. AES had a net margin of 8.34% and a return on equity of 27.30%. During the same quarter last year, the firm earned $0.73 earnings per share. On average, analysts expect AES to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

AES Trading Up 1.4 %

AES traded up $0.15 during trading on Tuesday, reaching $10.34. 3,222,693 shares of the stock traded hands, compared to its average volume of 11,481,527. The stock has a market capitalization of $7.36 billion, a PE ratio of 7.23, a P/E/G ratio of 0.82 and a beta of 0.81. The company has a quick ratio of 0.80, a current ratio of 0.85 and a debt-to-equity ratio of 3.21. The stock's 50-day moving average is $11.29 and its 200 day moving average is $12.51. AES has a 12 month low of $9.57 and a 12 month high of $22.21.

AES Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 1st will be issued a $0.176 dividend. The ex-dividend date is Thursday, May 1st. This represents a $0.70 dividend on an annualized basis and a yield of 6.81%. AES's payout ratio is currently 29.54%.

Analyst Ratings Changes

Several research firms have recently weighed in on AES. Jefferies Financial Group reiterated a "hold" rating and issued a $10.00 price objective (down previously from $15.00) on shares of AES in a research note on Thursday, April 10th. Bank of America upgraded shares of AES from an "underperform" rating to a "neutral" rating and upped their price objective for the company from $11.00 to $13.00 in a report on Tuesday, March 4th. JPMorgan Chase & Co. decreased their target price on AES from $16.00 to $14.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Susquehanna dropped their price target on AES from $16.00 to $15.00 and set a "positive" rating on the stock in a research note on Wednesday, March 5th. Finally, Seaport Res Ptn downgraded AES from a "hold" rating to a "strong sell" rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, five have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $13.71.

AES Company Profile

The AES Corporation, together with its subsidiaries, operates as a diversified power generation and utility company in the United States and internationally. The company owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries; owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user customers in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.