AES Q2 2022 Adjusted EPS $0.34 (+10% YoY); reaffirms full-year guidance

AES CORP

2022-Q2 EPS reported -$0.10 revenue$5,930,000,000

Diluted EPS of ($0.27) vs $0.03 in Q2 2021; Adjusted EPS $0.34 vs $0.31 (+10% YoY).
Reaffirms 2022 Adjusted EPS guidance $1.55-$1.65 and 7-9% annualized growth through 2025.
Signed/awarded 1.6 GW PPAs YTD; backlog 10.5 GW; formed US Solar Buyer Consortium for up to 7 GW panels.
On track to complete 6 GW renewables globally in 2022-2023; no material supply-chain delays on 5.9 GW US backlog.
Signed agreements to redirect excess LNG from Panama to intl customers through end of 2022.

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