AES

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. AES Ohio has proposed an update to its electricity rates, affecting residential and business customers within its service territory. AES Corporation has completed several large renewable projects, including what it describes as the largest U.S. solar plus storage facility. The company has also secured new long term power agreements with data center clients, tying renewable capacity to digital infrastructure demand. NYSE:AES is trading at $14.47, with the stock up 24.6% over the past year but down 19.8% over three years and down 30.6% over five years. These mixed returns provide context for the newest developments around regulated rates in Ohio and the build out of large scale renewable assets. For readers, the combination of a proposed rate update, additional renewable capacity and long dated data center power agreements highlights how AES is reshaping parts of its business. The next sections examine what these moves could mean for earnings stability, capital needs and risk exposure, without assuming any particular outcome for the stock. Stay updated on the most important news stories for AES by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on AES. We've flagged 3 risks for AES. See which could impact your investment. AES is trying to tighten the link between its long-term investment plans and how it gets paid. On one side, AES Ohio is asking regulators to adjust customer rates to match transmission costs that were already part of a prior settlement. On the other, AES Corporation is bringing large solar plus storage projects online and signing long dated power agreements with data center operators. For you as an investor, those elements sit in the middle of the company’s push toward contracted renewables tied to digital infrastructure demand. The fresh data center power agreements support the existing narrative that long term power purchase agreements can increase visibility on cash flows and support the transition from coal to renewables. The Ohio rate proposal highlights the flip side of that narrative, where regulated utilities still rely on regulatory decisions and consumer pushback could complicate the timing of returns on new grid investments. The current discussion around rate...

Image source: The Motley Fool. Friday, November 1, 2024 at 10 a.m. ET President & Chief Executive Officer — Andres Gluski Executive Vice President & Chief Financial Officer — Stephen Coughlin Vice President, Investor Relations — Susan Harcourt Andres Gluski: Good morning, everyone, and thank you for joining our third quarter 2024 financial review call. We are pleased with our performance this year. And today, I will discuss our third quarter results, a robust growth we are seeing at our renewables and U.S. utility businesses and our progress towards our asset sales target. Beginning on Slide 3 with our third quarter results, which were generally in line with our expectations. Adjusted EBITDA with tax attributes was about 1.2 billion, adjusted EBITDA was 692 million and adjusted EPS was $0.71. We're on track to meet our 2024 financial objectives, including our expectation to be in the top half of our ranges for adjusted EBITDA with tax attributes and adjusted EPS. At the same time, we now expect adjusted EBITDA to be towards the low end of the guidance range for the year, primarily due to the one-time impact of extreme weather in Colombia and the lower margins in the Energy Infrastructure SBU. We are reaffirming our expected growth rate through 2027. Steve Coughlin, our CFO, will provide more detail on our financial performance and outlook. I'm also very pleased to report that since our last call in August, we have signed or been awarded 2.2 gigawatts of new contracts. This includes both long-term renewable PPAs and new data center load growth at our U.S. utilities. Moving to our Renewables business on Slide 4. Since our Q2 financial review call, we have added 1.3 gigawatts of new PPAs to our backlog, bringing our year-to-date total to 3.5 gigawatts, more than 70% of which is with corporate customers. As a reminder, last year, we set a target of signing 14 to 17 gigawatts of new PPAs from 2023 to 2025. And with 9.1 gigawatts signed or awarded since the beginning of last year, we're currently well on track to meet this objective. Since setting that goal, we also materially increased our project return targets and we are focused on prioritizing the most profitable PPAs. Moving to Slide 5 and our construction progress. Since our second quarter call in August, we have completed construction of an additional 1.2 gigawatts of new projects, bringing our year-to-date...

Image source: The Motley Fool. Aug. 1, 2025 at 10 a.m. ET President and CEO — Andres Ricardo Gluski Weilert Executive Vice President and CFO — Stephen Coughlin Executive Vice President and COO — Ricardo Manuel Falu Vice President, Investor Relations — Susan Pasley Keppelman Harcourt Need a quote from a Motley Fool analyst? Email [email protected] Andres Ricardo Gluski Weilert: Good morning, everyone, and thank you for joining our second quarter 2025 financial review call. Today, I'm pleased to reaffirm both our 2025 guidance and our long-term growth targets. Our business remains resilient, and we continue to execute on our strategy, which I will discuss in more detail. Following my remarks, Steve Coughlin, our CFO, will provide additional color on our financial performance and outlook. Before delving into our second quarter results, allow me to share a few thoughts regarding the state of the electricity market in the U.S. Obviously, the past couple of months have seen major policy announcements, which will have a significant impact on the sector. Not to get distracted by some of the noise surrounding these developments. It's important to keep in mind key market fundamentals. Demand for energy in the U.S. is growing rapidly by historical measures. Prices are rising, and the bulk of new additions over the next 5 years will be renewables and energy storage. These are the technologies that can be feasibly built, given their shorter time to power, advanced development pipeline existing supply chains, competitive levelized cost of energy and customer preference. Current government policies aim to increase the amount of future power coming from fossil fuels nuclear and enhanced geothermal. While measures can be taken to increase generation from existing thermal plants, new additions will take years to materially come online, some more than others. In the meantime, AES has a mature pipeline of renewables and battery storage with a substantial safe harbored backlog of signed PPAs, positioning us to meet our clients' growing energy needs. As an all-of-the-above energy company, we had the capabilities to deliver those technologies that are most cost competitive and demanded by our customers. We see our business model as supplying not a specific technology, but the electric energy and capacity in the shape, cost and reliability, the market demands. Over many years, AES has de...

Consolidated Edison (ED) came out with quarterly earnings of $2.17 per share, missing the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $2.25 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -6.63%. A quarter ago, it was expected that this utility would post earnings of $0.84 per share when it actually produced earnings of $0.89, delivering a surprise of +5.95%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Con Ed, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $5.1 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.98%. This compares to year-ago revenues of $4.8 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Con Ed shares have added about 7.6% since the beginning of the year versus the S&P 500's gain of 7.6%. While Con Ed has performed in line with the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Con Ed was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks...

Algonquin Power & Utilities (AQN) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +21.84%. A quarter ago, it was expected that this utility operator would post earnings of $0.04 per share when it actually produced earnings of $0.06, delivering a surprise of +50%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Algonquin Power & Utilities, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $792.4 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 13.54%. This compares to year-ago revenues of $692.4 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Algonquin Power & Utilities shares have added about 2.1% since the beginning of the year versus the S&P 500's gain of 7.2%. While Algonquin Power & Utilities has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Algonquin Power & Utilities was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the marke...

Exelon (EXC) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.92 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +2.63%. A quarter ago, it was expected that this energy company would post earnings of $0.53 per share when it actually produced earnings of $0.59, delivering a surprise of +11.32%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Exelon, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $7.24 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 4.75%. This compares to year-ago revenues of $6.71 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Exelon shares have added about 5.9% since the beginning of the year versus the S&P 500's gain of 6%. While Exelon has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Exelon was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will...

PSEG (PEG) came out with quarterly earnings of $1.55 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.43 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.59%. A quarter ago, it was expected that this parent company of PSEG Power and Public Service Electric & Gas Co. would post earnings of $0.71 per share when it actually produced earnings of $0.72, delivering a surprise of +1.41%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. PSEG, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $3.85 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 17.59%. This compares to year-ago revenues of $3.22 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. PSEG shares have added about 0.2% since the beginning of the year versus the S&P 500's gain of 5.2%. While PSEG has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for PSEG was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zac...

Pinnacle West (PNW) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to a loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +910.81%. A quarter ago, it was expected that this power company would post earnings of $0.05 per share when it actually produced earnings of $0.13, delivering a surprise of +160%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Pinnacle West, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $1.15 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.42%. This compares to year-ago revenues of $1.03 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Pinnacle West shares have added about 16.7% since the beginning of the year versus the S&P 500's gain of 5.6%. While Pinnacle West has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Pinnacle West was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zac...

Arlington, Virginia-based The AES Corporation (AES) operates as a diversified power generation and utility company. With a market cap of $10.3 billion, the company acquires, develops, owns, and operates renewable energy power plants. The clean energy giant is expected to announce its fiscal first-quarter earnings for 2026 in the near term. Ahead of the event, analysts expect AES to report a profit of $0.50 per share on a diluted basis, up 85.2% from $0.27 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. Is Irrational Market Behavior Predictable? Crude Oil Prices Sharply Higher as Middle East Peace Efforts in Limbo Nat-Gas Prices Edge Higher on a Cooler US Weather Forecast Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For the full year, analysts expect AES to report EPS of $2.29, down 2.1% from $2.34 in fiscal 2025. However, its EPS is expected to rise 3.9% year over year to $2.38 in fiscal 2027. AES stock has outperformed the S&P 500 Index’s ($SPX) 34.6% gains over the past 52 weeks, with shares up 42.2% during this period. Similarly, it outperformed the State Street Utilities Select Sector SPDR ETF’s (XLU) 17.7% gains over the same time frame. AES outperformed as investor confidence was supported by strong renewables momentum, highlighted by 2.9 GW of capacity completed year-to-date, 2.2 GW of new power purchase agreements signed, and a robust 11.1 GW backlog with 5 GW under construction. On Mar. 6, AES shares closed down marginally after reporting its Q4 results. Its adjusted EPS of $0.81 exceeded Wall Street expectations of $0.62. The company’s revenue was $3.1 billion, missing Wall Street forecasts of $3.5 billion. Analysts’ consensus opinion on AES stock is cautious, with a “Hold” rating from all the nine analysts covering it. AES’ average analyst price target is $15, indicating a potential upside of 3.6% from the current levels. On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Barchart.com

It has been about a month since the last earnings report for AES (AES). Shares have lost about 0.6% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is AES due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for The AES Corporation before we dive into how investors and analysts have reacted as of late. AES’ Q4 Earnings Outpace Estimates, Revenues Increase Y/Y The AES Corporation’s fourth-quarter 2025 adjusted earnings of 81 cents per share surpassed the Zacks Consensus Estimate of 62 cents by 30.6%. The bottom line also improved 50% from 54 cents in the year-ago quarter. AES reported 2025 adjusted earnings of $2.34 per share, which were higher than the year-ago figure of $2.14. The company’s total revenues amounted to $3.1 billion, up 4.7% year over year. However, the figure missed the Zacks Consensus Estimate of $3.45 billion by 10.1%. AES reported revenues of $12.23 billion in 2025, which were lower than $12.28 billion in 2024. The total cost of sales in 2025 was $10.02 billion, up 2.6% year over year. The operating margin totaled $2.21 billion, down 4.5% from $2.31 billion in the year-ago period. Interest expenses amounted to $1.41 billion, down 5.3% from $1.49 billion in the prior year. On March 2, 2026, AES, Global Infrastructure Partners (part of BlackRock) and the EQT Infrastructure VI fund, together with co-underwriters California Public Employees' Retirement System and Qatar Investment Authority, announced a definitive agreement under which the Consortium will acquire AES for $15.00 per share in cash. The deal values AES at $10.7 billion in equity and about $33.4 billion in enterprise value, and is expected to close in late 2026 or early 2027. AES had cash and cash equivalents of $1.38 billion as of Dec. 31, 2025 compared with $1.52 billion as of Dec. 31, 2024. Non-recourse debt totaled $21.68 billion as of the same date, up from $20.63 billion as of Dec. 31, 2024. The net cash flow from operating activities amounted to $4.31 billion during 2025 compared with $2.75 billion at the end of 2024. Total capital expenditure was $5.93 billion during 2025, down from 7.39 billion recorded a year ago. It turns out, estimates review have trended upwar...

The AES Corporation (NYSE:AES) is one of the 13 extreme value stocks to buy now. The AES Corporation (NYSE:AES) reported its fourth-quarter fiscal 2025 results on March 6, posting earnings and revenue that beat market expectations. The company reported non-GAAP earnings per share of $0.81, exceeding analyst estimates by $0.20. Revenue for the quarter came in at $3.1 billion, representing a 4.7% year-over-year increase and surpassing the consensus forecast by $30 million. The results reflected solid performance during the quarter as the company delivered better-than-expected revenue growth and profitability. On March 5, prior to the earnings, Nicholas Amicucci from Evercore ISI reaffirmed a Hold rating on The AES Corporation (NYSE:AES) while maintaining a price target of $15. Earlier on March 3, Mizuho Securities analyst Anthony Crowdell downgraded The AES Corporation (NYSE:AES) from Outperform to Neutral, setting a price target of $15. The rating was based on the company’s agreement to be acquired by Global Infrastructure Partners and the EQT Infrastructure VI fund. Under the terms of the agreement, the company will be purchased for $15 per share in cash, implying a total equity value of approximately $10.7 billion. The AES Corporation (NYSE:AES) is a power generation and utility company. The company operates in the Energy Infrastructure, Renewables, New Energy Technologies, and Utilities segments. It operates and owns power plants that generate and sell power to customers, as well as utilities that generate, transmit, distribute, and sell electricity to end-user customers. While we acknowledge the potential of AES as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and 15 Stocks That Will Make You Rich in 10 Years Disclosure: None. Follow Insider Monkey on Google News.

ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — The AES Corp. (AES) on Friday reported fourth-quarter earnings of $320 million. The Arlington, Virginia-based company said it had profit of 45 cents per share. Earnings, adjusted for non-recurring costs, were 81 cents per share. The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. The power company posted revenue of $3.1 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $3.49 billion. For the year, the company reported profit of $910 million, or $1.26 per share. Revenue was reported as $12.23 billion. AES shares have decreased nearly 1% since the beginning of the year, while the S&P's 500 index has stayed nearly flat. The stock has risen 30% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AES at https://www.zacks.com/ap/AES