Arlington, Virginia-based The AES Corporation (AES) is a Fortune 500 energy company that partners with communities, utilities, and businesses to create reliable, clean energy solutions. It invests in, owns, and operates power generation, utilities, and LNG infrastructure, generating, distributing, and storing electricity worldwide. The company has a market capitalization of approximately $10.5 billion.
AES is set to report its Q2 earnings soon. Ahead of the release, analysts expect the company to report a diluted EPS of $0.49, down 4.7% from $0.51 in the year-ago quarter. AES has exceeded Wall Street's EPS estimates in three of the last four quarters, while missing expectations in the remaining quarter.