AES Reaffirms 2019 Guidance and its 7% to 9% Average Annual Growth Target Through 2022

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Go back to AES Reaffirms 2019 Guidance and its 7% to 9% Average Annual Growth Target Through 2022

AES Corp (AES) Misses Q1 EPS by 2c, Revenues Beat; Affirms FY19 EPS Outlook

May 7, 2019 6:07 AM EDT

AES Corp (NYSE: AES) reported Q1 EPS of $0.28, $0.02 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $2.65 billion versus the consensus estimate of $2.5 billion.

Q1 2019 Strategic Highlights

On track to attain investment grade credit ratings in 2020Signed long-term contracts for 494 MW of renewable capacity, increasing backlog to 6.2 GWSigned a 12-year agreement to sell up to 18 TBTU of LNG annually in the Caribbean, beginning in 2020Announcing $100... More