EPS for The AES Corporation (AES) Expected At $0.29

July 14, 2018 - By Victoria Pittman

The AES Corporation (NYSE:AES) LogoInvestors sentiment increased to 1.26 in Q1 2018. Its up 0.41, from 0.85 in 2017Q4. It is positive, as 30 investors sold The AES Corporation shares while 137 reduced holdings. 60 funds opened positions while 150 raised stakes. 605.58 million shares or 1.39% more from 597.29 million shares in 2017Q4 were reported.
Klingenstein Fields And Company Lc, a New York-based fund reported 17,075 shares. Btc Mngmt has invested 0.34% in The AES Corporation (NYSE:AES). Bluecrest Limited reported 18,488 shares. Kentucky Retirement has 34,470 shares for 0.03% of their portfolio. Vident Investment Advisory Ltd Liability Corp has invested 0.01% of its portfolio in The AES Corporation (NYSE:AES). Everence Management holds 0.07% or 29,344 shares. Janney Montgomery Scott Limited Liability Company has invested 0.13% in The AES Corporation (NYSE:AES). Madison Investment Holding has 0.45% invested in The AES Corporation (NYSE:AES) for 2.22M shares. Ironwood Invest Mgmt Lc has invested 0.2% in The AES Corporation (NYSE:AES). Amalgamated Bank & Trust invested in 82,194 shares. First Natl accumulated 258,137 shares. Ajo Lp has 0.54% invested in The AES Corporation (NYSE:AES) for 10.39M shares. Parkside Finance Financial Bank And Trust holds 247 shares. 33,973 are owned by M&T Commercial Bank. British Columbia holds 0.03% or 354,035 shares.

Analysts expect The AES Corporation (NYSE:AES) to report $0.29 EPS on August, 14.They anticipate $0.04 EPS change or 16.00 % from last quarter’s $0.25 EPS. AES’s profit would be $191.80 million giving it 11.36 P/E if the $0.29 EPS is correct. After having $0.28 EPS previously, The AES Corporation’s analysts see 3.57 % EPS growth. The stock increased 0.61% or $0.08 during the last trading session, reaching $13.18. About 3.72 million shares traded. The AES Corporation (NYSE:AES) has risen 5.35% since July 14, 2017 and is uptrending. It has underperformed by 7.22% the S&P500.

The AES Corporation (NYSE:AES) Ratings Coverage

Among 5 analysts covering AES (NYSE:AES), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. AES had 6 analyst reports since February 2, 2018 according to SRatingsIntel. The rating was maintained by UBS on Wednesday, June 20 with “Neutral”. The firm has “Overweight” rating given on Monday, March 19 by JP Morgan. Bank of America downgraded The AES Corporation (NYSE:AES) on Wednesday, May 16 to “Hold” rating. The rating was maintained by SunTrust with “Buy” on Monday, February 12.

The AES Corporation operates as a diversified power generation and utility company. The company has market cap of $8.72 billion. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries. It currently has negative earnings. The firm also owns and/or operates utilities to generate or purchase, distribute, transmit, and sell electricity to end-user clients in the residential, commercial, industrial, and governmental sectors; and generates and sells electricity on the wholesale market.

More recent The AES Corporation (NYSE:AES) news were published by: Benzinga.com which released: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” on June 19, 2018. Also Seekingalpha.com published the news titled: “AES Corp. -2% after BAML downgrade” on July 02, 2018. Fool.com‘s news article titled: “AES Corporation Stock Downgraded: What You Need to Know” with publication date: July 02, 2018 was also an interesting one.

The AES Corporation (NYSE:AES) Ratings Chart

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