Aes reports record sales with data center hyperscalers

Now expects to achieve upper half of 2024 adjusted eps guidance range strategic accomplishments signed 2.5 gw of new agreements, including 2.2 gw directly with data center customers signed agreements to support 1.2 gw of new data center load at us utilities; in advanced negotiations for up to another 3 gw over the next 12 months signed 15-year ppas for 727 mw of wind and solar to serve data center growth in texas signed a 310 mw retail supply agreement to support data centers throughout ohio total backlog of signed long-term ppas now 12.6 gw completed the construction or acquisition of 1.6 gw in year-to-date 2024; on track to add 3.6 gw of new projects to operations in full year 2024 q2 2024 financial highlights gaap financial metrics diluted eps of $0.27, compared to ($0.06) in q2 2023 net loss of $39 million, compared to $19 million in q2 2023 net income (loss) attributable to the aes corporation of $185 million, compared to ($39) million in q2 2023 non-gaap adjusted financial metrics adjusted eps1 of $0.38, compared to $0.21 in q2 2023 adjusted ebitda with tax attributes2,3 of $843 million, compared to $607 million in q2 2023 adjusted ebitda3 of $652 million, compared to $569 million in q2 2023 financial position and outlook now expects to achieve upper half of 2024 adjusted eps1 guidance range of $1.87 to $1.97 reaffirming annualized adjusted eps1 growth target of 7% to 9% through 2025, off a base of 2020 reaffirming annualized adjusted eps1 growth target of 7% to 9% through 2027, off a base of 2023 guidance reaffirming 2024 guidance for adjusted ebitda2 of $2,600 to $2,900 million reaffirming annualized growth target2 of 5% to 7% through 2027, off a base of 2023 guidance now expects 2024 adjusted ebitda with tax attributes2,3 to be in the upper half of the range of $3,550 to $3,950 million arlington, va. , aug. 1, 2024 /prnewswire/ -- the aes corporation (nyse: aes) today reported financial results for the quarter ended june 30, 2024.
AES Ratings Summary
AES Quant Ranking