secwatch.observer — SEC 8-K summary
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Issuer:     AES CORP (AES)
CIK:        0000874761
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000874761-24-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AES Q1 2024: diluted EPS $0.60 vs $0.21; reaffirms 2024 guidance; signs 1 GW Amazon deal
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- Diluted EPS of $0.60, up from $0.21 in Q1 2023; adjusted EPS of $0.50 vs $0.22.
- Net income $278M vs $189M; adjusted EBITDA $635M vs $628M; adjusted EBITDA with tax attributes $863M vs $641M.
- Constructed/acq 593 MW renewables in Q1; signed 1.2 GW PPAs incl 1 GW with Amazon at Bellefield (total 2 GW).
- Backlog of 12.7 GW signed; 5.8 GW under construction.
- Reaffirms 2024 adjusted EPS guidance $1.87-$1.97, adj EBITDA $2.6-2.9B, and long-term growth targets through 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874761/000087476124000039/0000874761-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874761/000087476124000039/aes-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000874761-24-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer