The AES Corp

AES: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$56.00	Krd	Rrvvzcm

AES Earnings: Renewable Energy Business Positioned Well With Technology Customers

Andrew Bischof

May 3, 2024

We are reaffirming our $16 fair value estimate and no-moat rating for AES after the company reported first-quarter adjusted earnings per share of $0.50 compared with $0.22 in the year-ago period.

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