The AES Corporation (AES - Free Report) is a global power company with generation and distribution businesses. This Arlington, VA-based company’s strategy of reducing complexity through withdrawal of operations in the risk markets is appreciable.
Estimate Trend & Surprise History
Investors should note that Zacks Consensus Estimate for the fourth quarter 2017 for earnings of 32 cents per share remained stable over the last 7 days.
Coming to the earnings surprise, AES Corp. has missed the Zacks Consensus Estimate in three of the last four quarters, resulting in a negative average surprise of 3.99%.
Zacks Rank: Currently, AES Corp. has a Zacks Rank #5 (Strong Sell). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings Beat: AES Corp.'s earnings surpassed the consensus earnings estimate. Our consensus called for fourth-quarter EPS of 32 cents, and the company reported adjusted EPS of 43 cents.
Sales Miss: Its total revenue was $2,643 million in the quarter, which missed the Zacks Consensus Estimate of $3,671 million.
Key Stats to Note: The company provided its adjusted earnings guidance for 2018 in the range of $1.15−$1.25 per share.
Check back later for our full write up on this AES Corp. earnings report!
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
The AES Corporation (AES - Free Report) is a global power company with generation and distribution businesses. This Arlington, VA-based company’s strategy of reducing complexity through withdrawal of operations in the risk markets is appreciable.
Estimate Trend & Surprise History
Investors should note that Zacks Consensus Estimate for the fourth quarter 2017 for earnings of 32 cents per share remained stable over the last 7 days.
Coming to the earnings surprise, AES Corp. has missed the Zacks Consensus Estimate in three of the last four quarters, resulting in a negative average surprise of 3.99%.
Zacks Rank: Currently, AES Corp. has a Zacks Rank #5 (Strong Sell). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings Beat: AES Corp.'s earnings surpassed the consensus earnings estimate. Our consensus called for fourth-quarter EPS of 32 cents, and the company reported adjusted EPS of 43 cents.
Sales Miss: Its total revenue was $2,643 million in the quarter, which missed the Zacks Consensus Estimate of $3,671 million.
Key Stats to Note: The company provided its adjusted earnings guidance for 2018 in the range of $1.15−$1.25 per share.
Check back later for our full write up on this AES Corp. earnings report!
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2018 today >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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