AES Corp (AES) Tops Q2 EPS by 3c

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Go back to AES Corp (AES) Tops Q2 EPS by 3c

AES Reaffirms 2022 Adjusted EPS Guidance; Remains on Track to Deliver on Renewables Growth

August 5, 2022 7:34 AM EDT

Strategic Accomplishments

Signed or awarded 1.6 GW of PPAs for new renewable energy projects in year-to-date 2022, bringing backlog to 10.5 GWFormed the US Solar Buyer Consortium to incentivize manufacturing of up to 7 GW of solar panels in the US beginning in 2024On track to complete 6 GW of renewable energy projects globally in 2022 and 2023Signed agreements to redirect excess LNG from the Company's business in Panama to international customers through the end of 2022

Q2 2022 Financial Highlights

Diluted EPS of ($0.27), compared to $0.03 in Q2 2021Adjusted EPS1 of... More