The AES Corporation (NYSE:AES) Q2 2024 Earnings Conference Call August 2, 2024 10:00 AM ET
Company Participants
Susan Harcourt - Vice President of Investor Relations
Andres Gluski - President and Chief Executive Officer
Steve Coughlin - Chief Financial Officer
Conference Call Participants
Durgesh Chopra - Evercore ISI
Richard Sunderland - J.P. Morgan
Antoine Aurimond - Jefferies
David Arcaro - Morgan Stanley
Michael Sullivan - Wolfe Research
Willard Grainger - Mizuho
Angie Storozynski - Seaport
Biju Perincheril - SIG
Operator
Hello, everyone, and a warm welcome to the AES Corporation Q2 2024 Financial Review Call. My name is Emily, and I'll be coordinating your call today. [Operator Instructions]
I will now hand over to our host, Vice President of Investor Relations, Susan Harcourt, to begin. Susan, please go ahead.
Susan Harcourt
Thank you, Operator. Good morning and welcome to our second quarter 2024 financial review call. Our press release, presentation, and related financial information are available on our website at aes.com.
Today we will be making forward-looking statements. There are many factors that may cause future results to differ materially from these statements which are disclosed in our most recent 10-K and 10-Q filed with the SEC. Reconciliations between GAAP and non-GAAP financial measures can be found on our website along with the presentation.
Joining me this morning are Andres Gluski, our President and Chief Executive Officer; Steve Coughlin, our Chief Financial Officer, and other senior members of our management team.
With that, I will turn the call over to Andres.
Andres Gluski
Good morning, everyone, and thank you for joining our second quarter 2024 financial review call. We are very pleased with financial performance so far this year. Today, I will discuss our results, the significant advancements we've made with large technology customers, and the work we are doing to incorporate generative AI in our portfolio to develop new competitive advantages.
Beginning on slide three, with our second quarter results, we had a strong second quarter that was in line with our expectations, with adjusted EBITDA with tax attributes of $843 million, adjusted EBITDA of $652 million, and adjusted EPS of $0.38. We are on track to meet our 2024 financial objective, and we now expect to be in the top-half of our ranges for adjusted EBITDA with tax attributes and adjusted EPS. We are also reaffirming our remaining 2024 guidance metrics and growth rate to 2027. Steve Coughlin, our CFO, will give more detail on our financial performance and outlook.