AES Q2 Adj $0.38 Beats $0.37 Estimate, Sales $2.94B Miss $3.19B Estimate
Portfolio Pulse from Benzinga Newsdesk
AES (NYSE:AES) reported Q2 earnings of $0.38 per share, beating the analyst estimate of $0.37. However, sales of $2.94 billion missed the $3.19 billion estimate.
August 01, 2024 | 8:40 pm
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AES reported Q2 earnings of $0.38 per share, beating the analyst estimate of $0.37. However, sales of $2.94 billion missed the $3.19 billion estimate.
While AES beat earnings estimates, the miss on sales could create mixed reactions in the market. The earnings beat shows profitability, but the revenue miss indicates potential challenges in sales growth.
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