AES Q2 Adj EPS $0.21 Misses $0.25 Estimate, Sales $3.03B Beat $2.95B Estimate
Portfolio Pulse from Benzinga Newsdesk
AES Corporation reported Q2 adjusted earnings of $0.21 per share, missing the analyst consensus estimate of $0.25 by 16%. This is a 38.24% decrease from the same period last year. However, the company's quarterly sales of $3.03 billion beat the analyst consensus estimate of $2.95 billion by 2.61%, despite being a 1.66% decrease from the same period last year.
August 04, 2023 | 2:38 pm
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AES Corporation's Q2 earnings missed estimates, with a significant YoY decrease. However, sales beat estimates, despite a slight YoY decrease.
AES Corporation's Q2 earnings missed analyst estimates and showed a significant decrease from the same period last year, which could negatively impact investor sentiment and the stock price. However, the company's sales beat estimates, which could offset some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100