The AES Corporation reports results for the quarter ended September 30 - Earnings Summary

• The AES Corporation AES.N reported quarterly adjusted earnings of 87 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 75 cents. The mean expectation of two analysts for the quarter was for earnings of 73 cents per share. Wall Street expected results to range from 53 cents to 93 cents per share.

• Revenue rose 15.5% to $3.87 billion from a year ago; analysts expected $3.45 billion.

• The AES Corporation's reported EPS for the quarter was 76 cents​.

• The company reported quarterly net income of $544 million.

• The AES Corporation shares had held steady so far this quarter and gained 3.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is "buy."

• Wall Street's median 12-month price target for The AES Corporation is $15.00, about 0.5% above its last closing price of $14.92

This summary was machine generated from LSEG data November 3 at 10:45 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)