AES Delivers Strong Second Quarter Financial Performance and Achieves Strategic Milestones

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AES Corp (AES) Tops Q2 EPS by 2c, Revenues Miss

August 6, 2020 6:04 AM EDT

AES Corp (NYSE: AES) reported Q2 EPS of $0.25, $0.02 better than the analyst estimate of $0.23. Revenue for the quarter came in at $2.22 billion versus the consensus estimate of $2.56 billion.

Q2 2020 Financial Highlights

Overall market demand trends better than expected and collections remain in line with historic levelsMaintained strong liquidity of $3.5 billionDiluted EPS of ($0.13), compared to $0.02 in Q2 2019Adjusted EPS1 of $0.25, compared to $0.26 in Q2 2019

Financial Position and... More