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AES Corp. sees FY24 adjusted EPS in ‘upper half’ of $1.87-$1.97, consensus $1.92

Reaffirming annualized Adjusted EPS growth target of 7% to 9% through 2025, off a base of 2020. Reaffirming annualized Adjusted EPS growth target of 7% to 9% through 2027, off a base of 2023 guidance. Reaffirming 2024 guidance for Adjusted EBITDA of $2.6B-$2.9B. Reaffirming annualized growth target of 5% to 7% through 2027, off a base of 2023 guidance. Now expects 2024 Adjusted EBITDA with Tax Attributes to be in the upper half of the range of $3.55B-$3.95B.

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