Electric utility AES beat earnings expectations but missed sales in Q2. Despite a GAAP loss, positive adjusted profits were reported. AES’s stock price rose over 6% in response. However, the company cited factors like lower margins and sales type leases for the loss. Analysts are cautious about AES’s forward guidance.

AES’s projected earnings are lower than expected, with a potential gap between adjusted and GAAP earnings. The stock is currently priced at $13 with a P/E ratio of less than 8, making it an attractive buy for its dividend yield and growth potential. However, AES did not make the cut for the top 10 stocks recommended by The Motley Fool Stock Advisor team.

The Motley Fool Stock Advisor team has a history of market-crushing returns. While AES may not be a top pick, their recommendations have seen significant returns in the past. Don’t miss out on their latest top 10 list if you’re looking for potential investments. Stock Advisor’s average return is 1,036%, outperforming the S&P 500 by a large margin.

Read more at Yahoo Finance: Why AES Stock Popped Today