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Mar 31, 2022
AES Q1 2022 Earnings Report
AES reported financial results for the quarter ended March 31, 2022.
Key Takeaways
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.
Attained investment grade ratings from all three major ratings agencies.
Signed or awarded 1.1 GW of PPAs for new renewable energy projects in Q1 2022, increasing the backlog to 10.3 GW.
Construction on schedule for more than 2 GW of renewable energy projects expected to come online in 2022, with solar panels secured for all projects in the US.
Reaffirming 2022 Adjusted EPS guidance range of $1.55 to $1.65 and reaffirming 7% to 9% annualized growth target through 2025.
Revenue by Segment
Forward Guidance
The Company is reaffirming its 2022 Adjusted EPS guidance of $1.55 to $1.65 and its 7% to 9% annualized growth rate target through 2025, from a base year of 2020.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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