Aes expects full year 2023 adjusted eps to be in the top half of guidance range of $1.65 to $1.75
Remains on track to deliver on strategic and financial objectives strategic accomplishments signed new contracts for 3.7 gw of renewables in year-to-date 2023 on track to complete construction of 3.5 gw of renewables in 2023 agreed to minority sell-downs of businesses in the dominican republic and panama for $190 million in asset sale proceeds, securing full year 2023 asset sales target awarded up to $2.4 billion of grant funding by the us department of energy for two green hydrogen hubs with aes participation q3 2023 financial highlights q3 2023 diluted eps of $0.32, compared to $0.59 in q3 2022 q3 2023 adjusted eps1 of $0.60, compared to $0.63 in q3 2022 q3 2023 net income of $291 million, compared to $446 million in q3 2022 q3 2023 adjusted ebitda with tax attributes2,3 of $1,008 million, compared to $991 million in q3 2022 q3 2023 adjusted ebitda2 of $990 million, compared to $931 million in q3 2022 financial position and outlook with year-to-date adjusted eps1 of $1.03, now expect full year adjusted eps1 to be in top half of guidance range of $1.65 to $1.75 reaffirming annualized adjusted eps1 growth target of 7% to 9% through 2025, off a base year of 2020 reaffirming 2023 guidance for adjusted ebitda2 of $2,600 to $2,900 million reaffirming annualized growth target2 of 17% to 20% excluding the energy infrastructure sbu through 2027, off a base of 2023 guidance arlington, va. , nov. 2, 2023 /prnewswire/ -- the aes corporation (nyse: aes) today reported financial results for the quarter ended september 30, 2023.
AES Ratings Summary
AES Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission