AES Corp. PT receives Investment Bank Analyst Rating Update
AES Corp (NYSE:AES) reported Q2 EPS of $0.34, $0.03 better than the analyst estimate of $0.31. Revenue for the quarter came in at $3.08 billion versus the consensus estimate of...
HANOI (Reuters) - U.S.-based energy utility AES (NYSE:AES) Corp plans to develop a major offshore wind farm in Vietnam, the Southeast Asian country said on Friday, that could...
Yesterday, it was another day when the equity indices across the globe were a sea of green. The best performing sectors were consumer cyclical, energy, and real estate in the US....
By Alex Kimani The utilities sector has been the worst performer of all the United States’ 11 market sectors. Utility stocks can help stabilize a portfolio by lowering...
AES Corporation’s AES fourth-quarter 2020 adjusted earnings of 48 cents per share surpassed the Zacks Consensus Estimate of 45 cents by 6.7%. Moreover, the bottom line...
The AES Corporation is a global power company. The Company owns and/or operates a generation portfolio of about 31,459 megawatts (MW), including generation from its integrated utility, AES Indiana. Its generation fleet is diversified by fuel type. It is organized into four market-oriented strategic business units (SBUs): US and Utilities (United States, Puerto Rico and El Salvador); South America (Chile, Colombia, Argentina and Brazil); MCAC (Mexico, Central America and the Caribbean); and Eurasia (Europe and Asia). It has two primary lines of business: generation and utilities. The generation line of business uses a range of fuels and technologies to generate electricity, such as coal, gas, hydro, wind, solar, and biomass. Its utilities business comprises businesses that transmit, distribute, and in certain circumstances, generate power. In addition, the Company has operations in the renewables area, which includes projects primarily in wind, solar, and energy storage.
|Average||27.32 (+22.83% Upside)|
|No. of Analysts||11|