The AES Corp. (AES) Reports Mixed Q2 Earnings; Raises FY08 Guidance; Announces $400M Buyback
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The AES Corporation (NYSE: AES) reports Q2 EPS of $0.27, 3 cents lower than the analyst estimate of $0.30. Revenues for the quarter were $4.1 billion, versus the consensus of $3.38 billion.
Raises its FY08 adj-EPS guidance from $1.14 to $1.16, versus the Street consensus of $1.20.
Also, AES's Board approved the repurchase of up to $400 million of its common stock.
The AES Corporation, through its subsidiaries, operates as a power company worldwide.
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EarningsGuidance
Stock Buybacks
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