AES / AES Q3 Earnings Surpass Estimates, Revenues Fall Year Over Year

The AES Corporation (NYSE:AES ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Susan Harcourt - Vice President of more_horizontal

AES' Q3 revenues of $3,434 million decline 5.3% year over year due to lower regulated as well as non-regulated revenues. more_horizontal

With debate raging about the forward implications of the equities sector, on-the-fence investors may want to consider underappreciated utility stocks more_horizontal

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AES (AES) have what it takes? more_horizontal

AES Corporation has underperformed in the market due to the surge in treasury yields and its high debt load. AES is not likely to have any problem ser more_horizontal

The US Department of Energy finally decided who would get a piece of the $7 billion Federal funding for green hydrogen, and the news may surprise you. more_horizontal

UBS analyst Gregg Orrill downgrades shares of AES to Neutral from Buy, citing the effect of higher interest rates on new business at the utility. more_horizontal

AES' strategic investment plans and partnerships to further expand its clean energy generation are likely to drive its performance. more_horizontal