05:41 PM EDT, 05/02/2024 (MT Newswires) -- AES ( AES ) reported Q1 adjusted earnings late Thursday of $0.50 per diluted share, up from $0.22 a year earlier.

Analysts surveyed by Capital IQ expected $0.34.

Revenue for the quarter ended March 31 was $3.09 billion, compared with $3.24 billion a year earlier. Three analysts polled by Capital IQ expected $3.20 billion.

The company reaffirmed its 2024 adjusted EPS guidance of $1.87 to $1.97. Analysts in a Capital IQ polls expected $1.91.