---
schema_version: "secwatch.filing_event.v1"
accession: "0000874761-24-000013"
form_type: "8-K"
ticker: "AES"
cik: "0000874761"
company_name: "AES CORP"
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T16:12:00.855753+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AES posts record 2023 Adjusted EPS $1.76, beats guidance; raises growth targets through 2027

## Summary
- Diluted EPS $0.34 vs -$0.82; Adjusted EPS $1.76 (guidance $1.65-1.75); Net loss $182M improved from $505M loss.
- Signed 5.6 GW renewables PPAs in 2023; completed 3.5 GW construction (double 2022); backlog reaches 12.3 GW.
- 2024 guidance: Adjusted EPS $1.87-1.97; Adjusted EBITDA $2,600-2,900M; reaffirms 7-9% annualized EPS growth through 2025.
- Raised long-term growth: Adjusted EPS 7-9% through 2027 (from 6-8%); Adjusted EBITDA 5-7% through 2027 (from 3-5%).
- Generated $1.1B asset sale proceeds (target $400-600M); awarded $2.4B DOE grants for hydrogen hubs; dividend growth 2-3% annually after 2024.

## SEC filing metadata
- accession: 0000874761-24-000013
- form_type: 8-K
- ticker: AES
- cik: 0000874761
- company_name: AES CORP
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874761/000087476124000013/0000874761-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874761/000087476124000013/aes-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874761-24-000013
- JSON: https://secwatch.observer/filing/0000874761-24-000013.json
- Plain text: https://secwatch.observer/filing/0000874761-24-000013.txt

## Key facts
- Earnings Releases
  AES CORP reported the year ended December 31, 2023 results: net income ($182) million, EPS $0.34. Guidance raised.
  - Period: the year ended December 31, 2023
  - Net income: ($182) million
  - EPS: $0.34
  - Guidance: raised
  - Result: reported results
  source text: On February 26, 2024, The AES Corporation (“AES” or the “Company”) issued a press release announcing its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/874761/000087476124000013/0000874761-24-000013-index.htm

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