Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $12.48 USD
Change Today +0.02 / 0.16%
Volume 3.5M
AES On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

aes corp (AES) Key Developments

The AES Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Impairment Charges for the Fourth Quarter Ended December 31, 2014; Reaffirms Earnings Guidance for 2015

The AES Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenue of $4,132 million against $3,800 million a year ago. Income from continuing operations before taxes and equity in earnings of affiliates was $434 million compared to loss from continuing operations before taxes and equity in earnings of affiliates of $119 million last year. Income from continuing operations were $298 million or $0.29 per basic and diluted share compared to loss from continuing operations of $173 million or $0.23 per basic and diluted share last year. Net income attributable to the company was $206 million or $0.29 per basic and diluted share compared to net loss attributable to the company of $206 million or $0.28 per basic and diluted share last year. Net cash provided by operating activities was $575 million compared to $675 million last year. Total capital expenditures were $795 million compared to $814 million last year. Adjusted pre-tax contribution was $384 million compared to $261 million last year. Adjusted EPS was $0.41 against $0.29 for the same period last year. For the year, the company reported total revenue was $17,146 million against $15,891 million a year ago. Income from continuing operations before taxes and equity in earnings of affiliates was $1,576 million compared to $1,048 million last year. Income from continuing operations were $1,176 million or $1.09 per basic and diluted share compared to $730 million or $0.38 per basic and diluted share last year. Net income attributable to the company was $769 million or $1.06 per basic and diluted share compared to $114 million or $0.15 per basic and diluted share last year. Net cash provided by operating activities was $1,791 million compared to $2,715 million last year. Total capital expenditures were $2,544 million compared to $2,579 million last year. Adjusted pre-tax contribution was $1,321 million compared to $1,207 million last year. Adjusted EPS was $1.30 against $1.29 for the same period last year. Diluted Earnings Per Share from Continuing Operations increase, driven primarily by gains on asset sales, lower impairment expenses and lower general and administrative expenses. Consolidated net cash provided by operating activities decrease was primarily due to the same drivers as Proportional Free Cash Flow For the fourth quarter ended December 31, 2014, the company reported goodwill impairment expense of $10 million against $314 million a year ago, and asset impairment expense of $1 million against $31 million a year ago. The company reaffirms its earnings guidance for the year 2015. The company expects consolidated adjusted EPS of $1.25 to $1.35. Consolidated cash flow from operating activities expected to be $2,000 to $2,800 million, consolidated maintenance capital expenditures expected to be $700 million to $1,000 million. Consolidated free cash flow is expected to be $1,000 million to $1,350 million. Proportional free cash flow is expected to be $1,000 to $1,350 million. Proportional maintenance capital expenditures expected to be $500 to $800 million.

The AES Corporation, Q4 2014 Earnings Call, Feb 26, 2015

The AES Corporation, Q4 2014 Earnings Call, Feb 26, 2015

Zhang Guobao Resigns from The AES Corporation Board of Directors, Effective February 19, 2015

On January 13, 2015, Mr. Zhang Guobao, age 70, resigned from The AES Corporation (AES or the Company) Board of Directors. The resignation will be effective on February 19, 2015.

The AES Corporation Appoints Bernerd Da Santos as Senior Vice President and Chief Operating Officer, Effective January 1, 2015

The AES Corporation announced that Bernerd Da Santos has been appointed Senior Vice President and Chief Operating Officer, effective January 1, 2015. Mr. Da Santos has been serving as Acting Chief Operating Officer since December 1, 2014. Bernerd’s 30 years of experience in the electric utilities industry and in-depth knowledge of AES’ businesses, provides him with an ideal background to continue improving upon AES’ history of operational excellence. Since joining AES in 2000, Mr. Da Santos has held several positions, including Chief Financial Officer of Global Finance Operations, Managing Director of Finance for Latin America, Chief Financial Officer of Latin America and Africa and Chief Financial Officer of Global Utilities.

The AES Corporation Announces Increase in Regular Quarterly Dividend Payable on February 17, 2015

The Board of Directors of The AES Corporation declared a quarterly common stock dividend of $0.10 per share payable on February 17, 2015, to shareholders of record at the close of business on February 3, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
AES:US $12.48 USD +0.02

AES Competitors

Market data is delayed at least 15 minutes.

Company Last Change
CenterPoint Energy Inc $20.62 USD +0.20
NRG Energy Inc $24.20 USD -0.46
ONEOK Inc $47.05 USD -0.11
San Miguel Corp $67.00 PHP -0.65
Thales SA €51.91 EUR +0.38
View Industry Companies
 

Industry Analysis

AES

Industry Average

Valuation AES Industry Range
Price/Earnings 11.5x
Price/Sales 0.5x
Price/Book 2.1x
Price/Cash Flow 11.4x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact AES CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.