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The AES Corp Sees Upper Half Of 2024 EPS $1.87-$1.97; Reaffirming EPS Growth Rate Target Of 7%-9% Through 2025, Off A Base Of 2020; Reaffirming EPS Growth Rate Target Of 7%-9%, Off A Base Of 2023 Guidance

Author: Benzinga Newsdesk | August 01, 2024 04:42pm

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

Posted In: AES

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