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

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

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

May 7, 2019 6:00 AM EDT

Q1 2019 Strategic Highlights

On track to attain investment grade credit ratings in 2020 Signed long-term contracts for 494 MW of renewable capacity, increasing backlog to 6.2 GW Signed a 12-year agreement to sell up to 18 TBTU of LNG annually in the Caribbean, beginning in 2020 Announcing $100 million incremental annual run rate cost savings target, to be realized by 2022 from digital initiatives Agreed to sell the Company's interests in its businesses in Jordan and Northern Ireland for $211 million

Q1 2019 Financial Highlights

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