AES (NYSE:AES) reported its Q1 earnings results on Thursday, May 4, 2023 at 05:00 PM.
Here’s what investors need to know about the announcement.
Earnings
AES missed estimated earnings by 4.35%, reporting an EPS of $0.22 versus an estimate of $0.23.
Revenue was up $477.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.8% drop in the share price the next day.
Here’s a look at AES’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.61 | 0.32 | 0.28 |
| EPS Actual | 0.49 | 0.63 | 0.34 | 0.21 |
| Revenue Estimate | 2.99B | 3.04B | 2.54B | 2.38B |
| Revenue Actual | 3.06B | 3.63B | 3.08B | 2.85B |
To track all earnings releases for AES visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
