Earnings Alerts

AES Corp (AES) Earnings Report: 1Q Ebitda Falls but Net Income Rises Sharply Year on Year

  • AES Andes 1Q EBITDA reported at $164.0M, indicating a decrease of 3.1% compared to the same period last year.
  • Net income stands at $63.3 million, displaying a massive jump of 95% compared to last year’s first quarter.
  • Revenue procured amounts to $599.3 million, revealing a 14% year on year slump.
  • No buys, holds or sells reported, implying potential stability or stagnation in the company’s marketplace performance.

A look at Aes Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have provided insights into the long-term outlook for AES Corp based on their Smart Scores. With a solid score of 5 for Growth and 4 for Momentum, the company seems poised for strong future expansion and market performance. This indicates a positive trajectory in terms of the company’s potential growth opportunities and its ability to maintain its current momentum in the market.

Additionally, AES Corp received a score of 4 for Dividend, signaling a favorable outlook for investors seeking stable dividend yields. While the Value and Resilience scores are at 2, suggesting some room for improvement in these areas, the overall outlook based on the Smart Scores indicates a promising future for AES Corp in the energy sector.

Summary: The AES Corporation is actively involved in acquiring, developing, and operating generation plants and distribution businesses worldwide. With a focus on long-term contracts and regulated utility services, AES also engages in coal mining, desalination processes, and the exploration of alternative energy sources.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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