---
schema_version: "secwatch.filing_event.v1"
accession: "0000874761-23-000040"
form_type: "8-K"
ticker: "AES"
cik: "0000874761"
company_name: "AES CORP"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:47:45.237725+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AES reports Q1 2023 diluted EPS $0.21, reaffirms 2023 guidance

## Summary
- Q1 diluted EPS $0.21 (up from $0.16 YoY); adjusted EPS $0.22 (up from $0.21); net income $189M (up $18M).
- Adjusted EBITDA $628M, up $7M YoY; reaffirms 2023 adjusted EPS guidance $1.65-$1.75 and 7-9% growth target.
- New SBUs: Renewables, Utilities, Energy Infrastructure, New Energy Technologies; detailed review at May 8 Investor Day.
- Agreed to terminate Warrior Run coal plant PPA for $357M; expects PUCO approval for AES Ohio ESP4 in Q3 2023.
- Backlog 11,932 MW as of Q1 2023 (5,627 MW under construction); signed 1.4 GW gas extension in Southern California.

## SEC filing metadata
- accession: 0000874761-23-000040
- form_type: 8-K
- ticker: AES
- cik: 0000874761
- company_name: AES CORP
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874761/000087476123000040/0000874761-23-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874761/000087476123000040/aes-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874761-23-000040
- JSON: https://secwatch.observer/filing/0000874761-23-000040.json
- Plain text: https://secwatch.observer/filing/0000874761-23-000040.txt

## Key facts
- Earnings Releases
  AES CORP reported for the quarter ended March 31, 2023 results: net income $189 million, EPS $0.21. Guidance reaffirmed.
  - Period: for the quarter ended March 31, 2023
  - Net income: $189 million
  - EPS: $0.21
  - Guidance: reaffirmed
  - Result: reported results
  source text: On May 4, 2023, The AES Corporation (“AES” or the “Company”) issued a press release announcing its financial results for the quarter and year ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/874761/000087476123000040/0000874761-23-000040-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.