AES revenue reaches $3.87 billion as Q3 sales accelerate
Pontos principais
- AES reported third-quarter 2026 revenue of $3.87 billion, up 15.5% year over year, exceeding Wall Street's $3.45 billion estimate.
- Net income totaled $553 million, down from $639 million a year earlier, while adjusted earnings of approximately $0.87 per share exceeded analysts' $0.53 forecast.
- AES continued expanding its renewable energy and utility operations while progressing toward its proposed $15-per-share acquisition by an infrastructure investment consortium.
AES (NYSE:AES) reported third-quarter 2026 revenue of $3.87 billion, up 15.5%, while earnings exceeded Wall Street expectations.
Revenue increased from $3.35 billion a year earlier, surpassing analysts' $3.45 billion forecast, while net income declined to $553 million.
GAAP earnings reached $0.76 per share, while adjusted earnings of approximately $0.87 exceeded the $0.53 analyst consensus estimate.
Operating margin increased to $982 million from $735 million, supported by higher renewable energy sales and improved utility performance.
AES continued advancing its renewable energy projects while working toward completing its proposed $15-per-share acquisition, subject to remaining approvals.
Nine-month revenue increased to $10.47 billion from $9.13 billion, while net income attributable to AES reached $1.46 billion.
The company generated $3.45 billion in operating cash flow during the first nine months, compared with $2.82 billion a year earlier.
