The AES Corporation (NYSE: AES), a key player in the energy sector, is set to announce its first-quarter 2025 earnings on May 1, 2025, after the market closes. Market analysts are anticipating a decline in earnings despite an increase in revenues, with the consensus estimate placing earnings per share (EPS) at $0.41 for this quarter.

In the previous quarter, Q4 2024, AES exceeded expectations, reporting an EPS of $0.54, which was $0.20 higher than the consensus estimate of $0.34. However, the company’s revenue for that period was slightly under the mark, coming in at $2.96 billion compared to the predicted $3.07 billion.

For fiscal year 2025, AES has provided an earnings guidance range of $2.10 to $2.26 per share, aligning closely with the consensus EPS estimate of $2.06. In line with shareholder returns, the company announced a 2% increase in its quarterly common stock dividend in December 2024, raising it from $0.1725 to $0.17595 per share, effective from the first quarter of 2025, with the next dividend payment scheduled for February 14, 2025.

As of April 26, 2025, AES’s stock is trading at $10.05 per share, a minor decline of 0.79% from the previous close. The stock opened at $10.07 and has seen an intraday range between $9.915 and $10.3, with a trading volume of 13,192,070 shares.

The impending earnings report adds a layer of complexity for investors, as the actual results might cause significant price fluctuation depending on how they compare with market expectations. Analysts have been revising their estimates leading up to the earnings release, which may indicate a more accurate prediction of AES’s financial performance for the quarter.

Historical performance suggests potential surprises in earnings, with AES’s ability to exceed past consensus estimates, as evidenced by the previous quarter's performance. However, the market also will consider conditions discussed during the earnings call, which could influence both an immediate price change and forecasts for future earnings.

Investors are advised to observe the volatility surrounding earnings announcements and adjust their positions based on additional insights and market conditions discussed during the earnings call, as well as keeping abreast of the latest analyst recommendations.