AES - AES Non-GAAP EPS of $0.45 beats by $0.02 revenue of $2.77B beats by $140M

AES press release (NYSE:AES): Q4 Non-GAAP EPS of $0.45 beats by $0.02. Revenue of $2.77B (+8.2% Y/Y) beats by $140M. Financial Position and Outlook Announcing intent to exit coal by year-end 2025 versus prior expectation of a reduction to below 10% by year-end 2025, subject to necessary approvals Initiating 2022 guidance for Adjusted EPS of $1.55 to $1.65 compared to the consensus of $1.63. Reaffirming 7% to 9% annualized growth target through 2025, off a base year of 2020 Targeting signing 4.5 to 5.5 GW of new renewables under long-term PPAs in 2022

For further details see:

AES Non-GAAP EPS of $0.45 beats by $0.02, revenue of $2.77B beats by $140M