NYSE$AES
AES Corp · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported financial results for the quarter ended September 30, 2020.
AES reported a diluted EPS of ($0.50) and an adjusted EPS of $0.42 for Q3 2020. The company reaffirmed its 2020 Adjusted EPS guidance range of $1.32 to $1.42 and expects to be at the top end of this range. They also reaffirmed 7% to 9% average annual growth target through 2022.
- Attained a second investment grade rating from S&P in November 2020
- Retired 1.2 GW of coal in the US and Chile, bringing coal generation to 29% of total generation
- Signed or awarded 556 MW of new renewables and energy storage, including 410 MW of Green Blend and Extend, for a total of 2.1 GW in year-to-date 2020
- Fluence signed 690 MW in year-to-date 2020, bringing its total delivered or awarded to 2.4 GW
Headline financials
Revenue & EPS history
AES · Revenue · Quarterly
$2.55B
Revenue by segment
AES · $36M total across 1 segment · Q4 2022
- Corporate and Other$36M—100.0%
Forward guidance
The Company is reaffirming its 2020 Adjusted EPS1 guidance of $1.32 to $1.42 and expects to be in the top end of this range. The Company is also reaffirming its 7% to 9% average annual growth rate target through 2022, from a base year of 2018.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.4%
Avg return
Earnings day
-0.8%
Avg return
5 days after
+0.9%
Avg return
30 days after
56%
41 / 73 earnings
Positive
+13.1%
Q3 2023
Best reaction
-10.7%
Q2 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | +0.3% | +3.0% | |
| Q4 2025 | +7.0% | -12.1% | -13.8% | |
| Q3 2025 | +5.8% | +5.7% | +3.6% | |
| Q1 2025 | +2.2% | +3.5% | +1.4% | |
| Q4 2024 | -3.5% | -6.2% | +7.2% | |
| Q3 2024 | -10.4% | -5.5% | -20.6% | |
| Q2 2024 | -3.7% | -7.1% | -3.7% | |
| Q1 2024 | +2.8% | +3.7% | +18.8% | |
| Q4 2023 | -5.6% | -3.3% | +7.8% | |
| Q3 2023 | +13.1% | +8.7% | +22.1% | |
| Q2 2023 | -6.7% | -6.7% | -15.0% | |
| Q1 2023 | +1.0% | -0.8% | -10.1% | |
| Q4 2022 | -2.5% | -0.9% | -7.3% | |
| Q3 2022 | +2.3% | +0.2% | +9.5% | |
| Q2 2022 | +3.8% | +6.2% | +13.7% | |
| Q1 2022 | -4.5% | -8.9% | +1.6% | |
| Q4 2021 | +2.7% | +0.6% | +18.6% | |
| Q3 2021 | -1.0% | -5.8% | -6.3% | |
| Q2 2021 | +3.9% | +1.0% | +3.0% | |
| Q1 2021 | -2.6% | -4.3% | -5.7% | |
| Q4 2020 | -5.1% | -4.3% | -6.0% | |
| Q3 2020 | +0.0% | +1.5% | +0.5% | |
| Q2 2020 | +11.4% | +10.3% | +14.1% | |
| Q1 2020 | +2.7% | -0.5% | +14.1% | |
| Q4 2019 | -0.4% | -2.5% | -26.5% | |
| Q3 2019 | +2.2% | +4.3% | +8.9% | |
| Q2 2019 | -4.0% | -4.6% | -5.4% | |
| Q1 2019 | -4.9% | -3.3% | +0.9% | |
| Q4 2018 | -0.3% | -1.0% | +4.6% | |
| Q3 2018 | +3.5% | +3.0% | +2.5% | |
| Q2 2018 | +0.9% | -1.9% | -3.9% | |
| Q1 2018 | -2.4% | -0.6% | +2.8% | |
| Q4 2017 | +4.0% | +3.9% | +8.8% | |
| Q3 2017 | -0.8% | -0.6% | +0.9% | |
| Q2 2017 | +1.4% | +0.0% | +0.5% | |
| Q1 2017 | +0.2% | +0.1% | +2.2% | |
| Q4 2016 | -3.4% | -3.2% | -5.7% | |
| Q3 2016 | +5.6% | +2.2% | -4.9% | |
| Q2 2016 | -1.9% | -1.9% | -1.5% | |
| Q1 2016 | +3.3% | — | — | |
| Q4 2015 | +4.1% | — | — | |
| Q3 2015 | -5.7% | — | — | |
| Q2 2015 | -2.3% | — | — | |
| Q1 2015 | +0.4% | — | — | |
| Q4 2014 | +8.1% | — | — | |
| Q3 2014 | -3.5% | — | — | |
| Q2 2014 | +2.7% | — | — | |
| Q1 2014 | -3.0% | — | — | |
| Q4 2013 | -3.6% | — | — | |
| Q3 2013 | +1.1% | — | — | |
| Q2 2013 | +1.7% | — | — | |
| Q1 2013 | -4.2% | — | — | |
| Q4 2012 | +6.1% | — | — | |
| Q3 2012 | -3.1% | — | — | |
| Q2 2012 | -5.9% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q4 2011 | -2.6% | — | — | |
| Q3 2011 | +3.0% | — | — | |
| Q2 2011 | -10.7% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2010 | +3.8% | — | — | |
| Q3 2010 | -1.2% | — | — | |
| Q2 2010 | +3.7% | — | — | |
| Q4 2009 | -0.6% | — | — | |
| Q1 2010 | +2.1% | — | — | |
| Q3 2009 | +0.4% | — | — | |
| Q3 2008 | +0.4% | — | — | |
| Q4 2006 | +1.4% | — | — | |
| Q1 2009 | +1.4% | — | — | |
| Q4 2007 | +1.4% | — | — | |
| Q2 2008 | +6.4% | — | — | |
| Q4 2008 | +6.4% | — | — | |
| Q2 2009 | +6.4% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro