AES Corp (AES) Reports Q4 Loss of $0.15; initiates guidance

AES Corp (NYSE: AES) reported Q4 EPS of ($0.15). Revenue for the quarter came in at $2.97 billion versus the consensus estimate of $0 .

GUIDANCE:

AES Corp sees FY2024 EPS of $1.87-$1.97, versus the consensus of $1.89.

Reaffirming annualized growth target of 7% to 9% through 2025, off a base of 2020
Raising annualized growth target to 7% to 9% through 2027 from 6% to 8%, off a base of 2023 guidance

Initiating 2024 guidance for Adjusted EBITDA2 of $2,600 to $2,900 million.

Raising annualized growth target2 to 5% to 7% through 2027 from 3% to 5%, off a base of 2023 guidance
Expecting 2024 Adjusted EBITDA with Tax Attributes2,3 of $3,550 to $3,950 million

For earnings history and earnings-related data on AES Corp (AES) click here.

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