Start Time: 09:00 January 1, 0000 10:06 AM ET AES Corporation (NYSE:AES ) Q3 2024 Earnings Call November 01, 2024, 09:00 AM ET Company Participants Andres Gluski - President and CEO Steve Coughlin - EVP and CFO Susan Harcourt - VP, IR Conference Call Participants Nicholas Campanella - Barclays David Arcaro - Morgan Stanley Durgesh Chopra - Evercore ISI Julien Dumoulin-Smith - Jefferies Angie Storozynski - Seaport Michael Sullivan - Wolfe Research Ryan Levine - Citi Richard Sunderland - JPMorgan Operator Good morning. Thank you for attending today's AES Corporation Third Quarter 2024 Financial Review Call.
AES' third-quarter earnings beat the Zacks Consensus Estimate by 18.3%. However, its revenues miss the consensus estimate by 9.3%.
AES (AES) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.60 per share a year ago.
AES (AES) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AES (AES) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AES (AES) have what it takes?
AES stands as a leader in clean energy. It is the world's top provider of battery-based energy storage.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AES (AES) have what it takes?
The Utilities sector has surged in 2024, driven by impending interest rate cuts and late-cycle business dynamics. The AES Corporation may be as much as 15–20% undervalued while also offering a 3.59% dividend yield. Its valuation metrics compare favorably to those of larger peers like NextEra Energy and Vistra. AES's aggressive shift to renewables and diverse revenue streams peers position it well for long-term growth, and this is supported by a growing project backlog.
Both AES and OGE work efficiently and continue to provide reliable services to their customers.
Wall Street surged last week marking strong weekly gains as market watchers raised its expectations for a significant interest rate cut by the Federal Reserve.
Three large-cap stocks ??? AES, PFE and UNM?