AES Corporation (AES) has made significant strides in the renewable energy sector, solidifying its position as a leading corporate energy provider globally, as per a
BNEF report.Β The company ended 2024 on a high note reporting strong financial performance. The corporation's 2024 Q4 earnings highlighted
maintained strong dividend payments and provided ambitious 2025 guidance reaffirming their long-term growth targets. AES expects an optimistic 2025 profit driven by new renewable energy projects. Despite a reduction in CapEx by $1.3B, AES targets a
60% renewable EBITDA growth in 2025. The company's recent financial report showed a notable
diluted EPS at $2.37 with a revenue of $12,278 million. The company even exceeded market expectations with their renewable energy projects. The company's financial success is further exemplified by a record quarterly dividend and earnings beating estimates. It is important to note, however, that its share price has been impacted by insufficient growth,
challenging market conditions, and a significant one-year loss. Despite these, many institutions including Oppenheimer Asset Management Inc. and Los Angeles Capital Management LLC are increasing their stakes in the company.
Aes Corporation AES News Analytics from Thu, 27 Jun 2024 07:00:00 GMT to Sat, 01 Mar 2025 23:39:07 GMT -
Rating 7
- Innovation 9
- Rumor 4
