earnings
confidence high
sentiment positive
materiality 0.75
AES Q3 adj EPS $0.63 beats prior year; now expects FY 2022 adj EPS at high-end of $1.55-1.65
AES CORP
2022-Q2 EPS reported
$0.50
revenue$9,557,000,000
- Q3 2022 Diluted EPS $0.59 (up from $0.48); Adjusted EPS $0.63 (up from $0.50), driven by higher LNG margins in MCAC.
- Year-to-date Adjusted EPS $1.18; expects full-year 2022 Adjusted EPS near high-end of $1.55-$1.65 range.
- Signed 1.6 GW of new PPAs since Q2 call; backlog now 11.2 GW; pipeline 64 GW (80% US).
- Reaffirmed 7%-9% annualized growth target through 2025 off base year 2020.
- Signed agreements to redirect excess LNG from Panama to international customers.