Overview

* AES Q2 2025 net loss of $150 mln vs net income of $153 mln in Q2 2024

* Q2 Adjusted EBITDA rises to $681 mln

* Adjusted EPS for Q2 rises to $0.51, beating analyst expectations, per LSEG data

Outlook

* AES ( AES ) reaffirms 2025 Adjusted EBITDA guidance of $2,650 mln to $2,850 mln

* Company reaffirms 2025 Adjusted EPS guidance of $2.10 to $2.26

* AES ( AES ) expects 2025 growth from new renewables projects and US utilities

* Company maintains annual growth target for adjusted EPS of 7% to 9% through 2027

Result Drivers

* RENEWABLES GROWTH - Adjusted EBITDA in Renewables SBU increased 56% due to higher revenues from new projects

* NEW PPAS - Signed 1.6 GW of long-term PPAs with data center companies, contributing to strategic growth, per CEO Andrés Gluski

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Miss $2.86 $3.01

Revenue bln bln (4

Analysts

)

Q2 Beat $0.51 $0.4 (8

Adjusted Analysts

EPS )

Q2 EPS -$0.15

Q2 Net -$150

Income mln

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 4 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the electric utilities peer group is "buy."

* Wall Street's median 12-month price target for AES Corp ( AES ) is $14.00, about 6.1% above its July 31 closing price of $13.15

* The stock recently traded at 6 times the next 12-month earnings vs. a P/E of 6 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)