AES (AES) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
AES (AES) last issued guidance on November 4, 2025 for fiscal year 2025. The company guided earnings per share in the range of $2.1 - $2.26, compared to a consensus EPS estimate of $2.16.
Compared to prior guidance, AES maintained its EPS outlook from a previous range of $2.1 - $2.26.
AES has issued 13 guidance updates between November 4, 2022 and November 4, 2025. During this period, the company raised its outlook 5 times and lowered it 1 time, providing investors with insight into management's evolving expectations.
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $0.39 | $0.61 | $0.77 | $0.43 |
| Actual | $0.68 | $0.81 | $0.75 | $0.51 |
| Surprise | +74.4% | +32.8% | -2.60% | +18.6% |
| Revenue | ||||
| Estimate | $3.22B | $3.23B | $3.25B | $3.13B |
| Actual | $3.18B | $3.10B | $3.35B | $2.85B |
| Surprise | -1.38% | -4.03% | +3.09% | -8.86% |
| Metric | Q2 '26E | Q3 '26E | Q4 '26E | Q1 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $0.52 | $0.70 | $0.56 | $0.52 |
| Revenue | ||||
| Consensus | $3.11B | $3.48B | $3.17B | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q1 | May 5, 2026 | $0.68 | $0.39 | 74.4 % |
| Q4 | Mar 2, 2026 | $0.81 | $0.61 | 32.8 % |
| Q3 | Nov 4, 2025 | $0.75 | $0.77 | -2.60 % |
| Q2 | Jul 31, 2025 | $0.51 | $0.43 | 18.6 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q1 | May 5, 2026 | $3.18B | $3.22B | -1.38 % |
| Q4 | Mar 2, 2026 | $3.10B | $3.23B | -4.03 % |
| Q3 | Nov 4, 2025 | $3.35B | $3.25B | 3.09 % |
| Q2 | Jul 31, 2025 | $2.86B | $3.13B | -8.86 % |