earnings
confidence high
sentiment positive
materiality 0.75
AES reports 2022 adjusted EPS $1.67, beats guidance; announces $750M commercial paper program
AES CORP
2022-FY EPS reported
-$0.82
revenue$12,617,000,000
- Adjusted EPS $1.67 vs guidance $1.55-$1.65 and prior year $1.52; Diluted EPS ($0.82).
- Signed 5.2 GW of renewables PPAs in 2022, backlog 12.2 GW; completed 1.9 GW of projects.
- Initiates 2023 adjusted EPS guidance $1.65-$1.75; reaffirms 7-9% annualized growth through 2025.
- Announces intention to establish $750M commercial paper program for general corporate purposes.
- Partnership with Air Products for largest US green hydrogen facility (1.4 GW wind/solar, >200 MT/D).