The AES Corp

AES: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$55.00	Fqfny	Nstbvlzz

AES Could See Acceleration of Renewable Energy Opportunities With Pending Legislation

Andrew Bischof

Aug 5, 2022

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.

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