8/103 sources · 3 publishersUpdated Nov 4, 10:54 UTC
AES reports Q3 earnings beat with $0.86 EPS and $3.87 B revenue
AES Corp. released its third‑quarter results, posting revenue of $3.87 billion and earnings per share of $0.86, which topped analyst forecasts by $0.33. Net income was $553 million and adjusted earnings came in at 87 cents per share. The company highlighted a 10.9 GW power‑purchase‑agreement backlog supporting future growth.
Why it matters
The earnings beat and higher‑than‑expected revenue may improve investor sentiment toward AES, as the company exceeded consensus estimates. Strong spot‑market sales and a sizable PPA backlog suggest continued cash flow strength.
Key facts
- 1Q3 revenue was $3.87 billion. investing.com
- 2Q3 earnings per share were $0.86, beating estimates by $0.33. investing.com
- 3Q3 net income totaled $553 million. finance.yahoo.com
- 4Adjusted earnings were 87 cents per share. finance.yahoo.com
- 5The company has a 10.9 GW power‑purchase‑agreement backlog. tradingview.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.