The AES Corporation Sees FY23 EPS To Be In Top Halt Of Guidance Range Of $1.65-$1.75 Vs $1.67 Est
Portfolio Pulse from Benzinga Newsdesk
The AES Corporation has updated its FY23 EPS guidance to be in the top half of the range of $1.65-$1.75, compared to the estimated $1.67. The company reaffirms its annualized Adjusted EPS growth target of 7% to 9% through 2025 and its 2023 guidance for Adjusted EBITDA of $2,600 to $2,900 million. It also maintains its annualized growth target of 17% to 20% excluding the Energy Infrastructure SBU through 2027.
November 02, 2023 | 9:03 pm
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AES Corporation's updated FY23 EPS guidance and reaffirmed growth targets could potentially boost investor confidence and positively impact the company's stock price in the short term.
The company's updated EPS guidance for FY23 being in the top half of the range indicates a positive outlook. The reaffirmation of growth targets also signals stability and potential growth, which could attract investors and drive up the stock price.
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