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AES Corp (AES)
NYSE:AES
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.48Last Year’s EPS
0.5Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: 11.66%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a balanced outlook with significant achievements in renewables and cost efficiency measures, countered by challenges in stock performance and weather-related impacts on financial results.Company Guidance
During The AES Corporation's Fourth Quarter and Full Year 2024 Financial Review Call, the company provided guidance for 2025, highlighting expected adjusted EBITDA between $2.65 billion and $2.85 billion, parent free cash flow of $1.15 billion to $1.25 billion, and adjusted EPS ranging from $2.10 to $2.26. The company anticipates over 60% year-over-year growth in renewables EBITDA in 2025, driven by the maturation of its renewable business and the addition of 3.2 gigawatts of renewable capacity. AES plans to focus on projects with higher risk-adjusted returns and to improve organizational efficiency, which includes realizing $150 million in cost savings in 2025, ramping up to over $300 million in 2026. The company aims to maintain its investment-grade credit ratings, eliminate the need for new equity issuance, and continue to pay dividends, with a long-term growth target of 5% to 7% for adjusted EBITDA through 2027.Record Adjusted EPS
AES achieved a record adjusted EPS of $2.14 in 2024, which is materially above their guidance range.
Significant Renewable Energy Growth
AES signed 4.4 gigawatts of new power purchase agreements for renewables in 2024 and completed the construction or acquisition of 3 gigawatts of renewables.
Increased Utilization in Panama
The construction of a 670-megawatt combined cycle gas plant in Panama has greatly increased the utilization of AES' existing LNG terminal in the country.
Strong Demand and Strategic Positioning
AES has secured over 8.4 gigawatts of signed contracts in the US, with a significant portion having safe harbor protections. AES is also the largest provider of clean energy to corporations globally.
Cost Reduction and Efficiency Gains
AES plans to realize approximately $150 million in cost savings in 2025, increasing to over $300 million in 2026 due to organizational streamlining.
Utilities Investment and Growth
AES Indiana and AES Ohio are executing a multiyear investment program leading to a rate base growth of 20% in 2024.
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AES Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AES Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $10.38 | $11.59 | +11.66% |
| Oct 31, 2024 | $16.06 | $14.48 | -9.84% |
| Aug 01, 2024 | $17.44 | $16.69 | -4.30% |
| May 02, 2024 | $18.26 | $18.01 | -1.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does AES Corp (AES) report earnings?
AES Corp (AES) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is AES Corp (AES) earnings time?
AES Corp (AES) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AES EPS forecast?
AES EPS forecast for the fiscal quarter 2025 (Q1) is 0.48.
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