AES (NYSE:AES) reported quarterly adj. earnings of $0.49 per share which beat the analyst consensus estimate of $0.46 by 6.52 percent. This is a 8.89 percent increase over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $3.06 billion which beat the analyst consensus estimate of $2.99 billion by 2.34 percent. This is a 10.47 percent increase over sales of $2.77 billion the same period last year.
Top Economist El-Erian Thinks Bonds Warrant A ‘More Differentiated’ View As Credit Risk Is Far From Done
As the Federal Reserve hiked its policy rate by over four percentage points in 2022 to tackle rising inflation, the U.S. Treasury market registered a record annual loss.
