AES Earnings Reports

AES reported full year 2024 Net Income of $698 million and Adjusted EBITDA of $2,639 million. The company initiated 2025 guidance for Adjusted EBITDA of $2,650 to $2,850 million and Adjusted EPS of $2.10 to $2.26, reaffirming long-term growth rate targets.

AES reported mixed third-quarter financial results. While adjusted EPS increased, net income and adjusted EBITDA decreased compared to the previous year. The company reaffirmed its 2024 guidance and long-term growth rates and signed 2.2 GW of new contracts and completed 1.2 GW of construction.

AES reported strong Q2 2024 results, driven by increased sales to data centers and overall strategic accomplishments. The company's adjusted EPS guidance range is now expected to be in the upper half. AES signed 2.5 GW of new agreements, including 2.2 GW directly with data center customers.

AES reported a strong first quarter with a net income of $278 million and adjusted EPS of $0.50. The company reaffirmed its 2024 guidance for adjusted EPS and adjusted EBITDA, as well as its long-term growth rates through 2027.

AES reported strong financial results for 2023, exceeding strategic objectives with increased renewables construction and new PPA signings. The company is well-positioned for future growth with positive financial outlook.

AES had a strong third quarter, delivering on financial and strategic objectives. The company expects to complete construction of 3.5 GW of new renewables this year and has signed 3.7 GW of contracts for new renewables so far this year. They also expect to be in the top half of their Adjusted EPS guidance range for 2023 and are reaffirming all of their short- and long-term financial guidance metrics.

AES reported a Net Income loss of ($19) million and an Adjusted EPS of $0.21 for Q2 2023. The company reaffirmed its 2023 guidance for Adjusted EPS of $1.65 to $1.75 and Adjusted EBITDA of $2,600 to $2,900 million.

AES Corporation reported a positive start to 2023, with financial results putting the company on track to meet its 2023 guidance and longer-term growth rates. Strategic accomplishments included the settlement agreement of AES Ohio's rate case and the termination of Warrior Run's thermal PPA.

AES reported a diluted EPS of ($0.82) and an Adjusted EPS of $1.67 for the full year 2022. The company signed 5.2 GW of PPAs for new renewable energy projects in 2022 and completed the construction or acquisition of operating projects totaling 1.9 GW.

AES Corporation reported strong year-to-date performance and expects full year Adjusted EPS to be at or near the high end of its guidance range of $1.55 to $1.65. The company's renewables business continues to grow, with 500 MW of projects completed and 1.6 GW of new long-term contracts signed. AES is well-positioned to continue delivering attractive returns to shareholders with a global pipeline of 64 GW and the recent enactment of the Inflation Reduction Act (IRA) in the United States.

AES reported a diluted EPS of ($0.27) and an adjusted EPS of $0.34 for Q2 2022. The company reaffirmed its 2022 adjusted EPS guidance of $1.55 to $1.65 and remains on track to deliver on renewables growth.

AES reported Diluted EPS of $0.16 and Adjusted EPS of $0.21 for Q1 2022. The company signed or was awarded 1,087 MW of renewables and energy storage under long-term Power Purchase Agreements and reaffirmed its 2022 Adjusted EPS guidance range of $1.55 to $1.65.

AES Corporation reported an increase in diluted EPS to $0.48 and adjusted EPS to $0.50 for Q3 2021, driven by renewables growth and the Southland portfolio. The company reaffirms its 2021 adjusted EPS guidance and 7% to 9% annualized growth target through 2025.

AES reported positive financial results for Q2 2021, with diluted EPS of $0.03 and Adjusted EPS of $0.31. The company reaffirmed its 2021 Adjusted EPS guidance and its average annual growth target through 2025.

AES Corporation reported a diluted EPS of ($0.22) and an adjusted EPS of $0.28 for Q1 2021. The company signed 1,088 MW of new PPAs for renewables and energy storage and secured a 20-year agreement for 34 TBTU of excess LNG throughput capacity in Central America. AES reaffirmed its 2021 adjusted EPS guidance and average annual growth target through 2025.

AES reported a strong year in 2020, meeting or exceeding all of its strategic and financial objectives. The company made great progress in its transition toward a low-carbon future and consolidated its position as market leader in new and innovative technologies, renewables, and cloud-based customer and efficiency solutions.

AES reported a diluted EPS of ($0.50) and an adjusted EPS of $0.42 for Q3 2020. The company reaffirmed its 2020 Adjusted EPS guidance range of $1.32 to $1.42 and expects to be at the top end of this range. They also reaffirmed 7% to 9% average annual growth target through 2022.

AES reported a diluted EPS of ($0.13) and an adjusted EPS of $0.25 for Q2 2020. The company reaffirmed its 2020 guidance and expectations, as well as its 7% to 9% average annual growth target through 2022. During the quarter, AES agreed to sell 2.0 GW of capacity and signed or awarded 852 MW of new renewables and energy storage.

AES reported a diluted EPS of $0.22 and an adjusted EPS of $0.29 for Q1 2020. The company reaffirmed its average annual growth target for Adjusted EPS and Parent Free Cash Flow through 2022 and expects a limited near-term impact from the COVID-19 pandemic.

AES reported its Q4 2019 financial results, showing a total revenue of $2,431 million and a net loss attributable to AES of $78 million. The company achieved its strategic and financial goals for 2019 and is accelerating its decarbonization goals.