The AES Corp
AES: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$27.00 | Mkwk | Bzdcknkv |
AES Could See Acceleration of Renewable Energy Opportunities With Pending Legislation
We are reaffirming our $21 per share fair value estimate and no-moat and stable moat trend ratings after AES reported second-quarter adjusted earnings of $0.34 per share compared with $0.31 in the same year-ago period. Management reaffirmed 2022 earnings guidance of $1.55-$1.65 per share, in line with our estimate.