
The AES Corporation (AES) is a global energy company headquartered in Arlington, Virginia, operating in over 15 countries. Boasting a market cap of $9.5 billion, AES manages a diverse energy portfolio that includes regulated utilities, renewable power, advanced energy storage, and thermal generation. The company is widely recognized as a leader in battery-based storage solutions and ranks among the world’s top solar developers, playing a key role in accelerating the global transition to clean, reliable energy. The energy titan is set to announce its fiscal Q2 earnings after the market closes on Thursday, July 31.
Ahead of this event, analysts expect this utility company to report a profit of $0.47 per share, up 23.7% from $0.38 per share in the year-ago quarter. The company has surpassed Wall Street’s earnings estimates in three of the last four quarters, while missing in the previous quarter.