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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 2018 for earnings of 33 cents per share remained stable over the last 7 days.
Coming to the earnings surprise, AES Corp. has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 14.09%.
Zacks Rank: Currently, AES Corp. has a Zacks Rank #3 (Hold). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.
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 33 cents, and the company reported adjusted EPS of 36 cents.
Sales Miss: Its total revenue was $2.62 billion in the quarter, which missed the Zacks Consensus Estimate of $2.71 billion.
Key Stats to Note: The company announced its adjusted earnings guidance for 2019 in the range of $1.28-$1.40 per share.
Check back later for our full write up on this AES Corp. earnings report!
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
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AES Corp (AES) Q4 Earnings Top Estimate, Down Y/Y
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 2018 for earnings of 33 cents per share remained stable over the last 7 days.
Coming to the earnings surprise, AES Corp. has surpassed the Zacks Consensus Estimate in three of the last four quarters, resulting in a positive average surprise of 14.09%.
Zacks Rank: Currently, AES Corp. has a Zacks Rank #3 (Hold). 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 33 cents, and the company reported adjusted EPS of 36 cents.
Sales Miss: Its total revenue was $2.62 billion in the quarter, which missed the Zacks Consensus Estimate of $2.71 billion.
Key Stats to Note: The company announced its adjusted earnings guidance for 2019 in the range of $1.28-$1.40 per share.
Check back later for our full write up on this AES Corp. earnings report!
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
Click to get it free >>