secwatch.observer — SEC 8-K summary
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Issuer:     AES CORP (AES)
CIK:        0000874761
Form:       8-K
Filed at:   2025-02-28T23:59:59+00:00
Accession:  0000874761-25-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AES beats 2024 Adjusted EPS guidance at $2.14; initiates 2025 outlook
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- FY24 diluted EPS $2.37 (vs $0.34 loss in 2023); Adjusted EPS $2.14, above guidance of $1.87-$1.97.
- FY24 Adjusted EBITDA $2,639M (in $2,600-$2,900M guidance); Adj. EBITDA w/ tax attributes $3,952M, up from $3,439M.
- 2025 guidance: Adj. EBITDA $2,650-$2,850M, Adj. EPS $2.10-$2.26; reaffirms 5-7% EBITDA and 7-9% EPS growth through 2027.
- Signed 6.8 GW new contracts in 2024: 4.4 GW renewables PPAs, 2.1 GW data center load at AES Ohio; completed 3.0 GW renewables.
- Closed $2.8B of $3.5B asset sale target; sold AES Brasil for ~$630M and 30% AES Ohio stake to CDPQ for ~$546M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874761/000087476125000006/0000874761-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874761/000087476125000006/aes-20250228.htm
  HTML page:      https://secwatch.observer/filing/0000874761-25-000006

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