- AES Corp’s adjusted earnings per share (EPS) for the fourth quarter came in at 54 cents. This surpassed the market estimate of 35 cents but was down from 73 cents in the previous year.
- The company’s revenue for the fourth quarter was approximately $2.96 billion. This represents a slight decrease of 0.2% compared to the previous year and fell short of the estimated $3.26 billion.
- AES Corp’s capital expenditure for the same period was $1.73 billion, marking a significant reduction of 29% compared to the previous year.
- In terms of investment ratings, AES Corp received 11 buy recommendations, 3 hold recommendations, and 1 sell recommendation.
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Aes Corp on Smartkarma
Analyst coverage of AES Corp on Smartkarma by Baptista Research has highlighted the company’s positive advancements and challenges in the third quarter earnings of 2024. The company’s strategic focus on renewable energy expansion and U.S. utility growth has been instrumental in driving a ‘buy’ rating. However, challenges stemming from severe weather conditions in South America have impacted certain results. Baptista Research aims to assess various influencing factors on the company’s stock price in the near future and is conducting an independent valuation using a Discounted Cash Flow (DCF) methodology.
A look at Aes Corp Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 3 | |
Dividend | 5 | |
Growth | 4 | |
Resilience | 2 | |
Momentum | 2 | |
OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, AES Corp is positioned for a favorable long-term outlook. With a strong score of 5 in Dividend and 4 in Growth, the company demonstrates solid potential for both income generation and expansion. Additionally, its Value score of 3 signifies a reasonable valuation in the market, attracting investors looking for a balanced opportunity in the energy sector. However, AES Corp shows lower scores in Resilience and Momentum, at 2 for both, suggesting some room for improvement in terms of stability and market momentum. Overall, AES Corp’s diversified operations in energy generation, distribution, and sustainable practices highlight its position as a promising investment for the future.
The AES Corporation stands out in the energy industry with its strategic focus on acquiring, developing, and operating power plants and distribution businesses across multiple countries. Primarily engaged in selling electricity through long-term contracts and providing services through regulated utility arms, AES Corp also ventures into coal mining, desalination for clean water production, and exploration of alternative energy sources. With a well-rounded profile and favorable Smartkarma Smart Scores in Dividend and Growth, AES Corp presents investors with a compelling opportunity for steady returns and potential growth in the evolving energy landscape.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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