AES Corp (AES) Misses Q2 EPS by 3c, Revemues Miss; Affirms FY18 EPS Outlook

AES Corp (NYSE: AES) reported Q2 EPS of $0.25, $0.03 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $2.54 billion versus the consensus estimate of $2.96 billion.

• Diluted EPS of $0.15, compared to $0.08 in Q2 2017; YTD 2018 Diluted EPS of $1.18, compared to $0.04 in YTD 2017
• Adjusted EPS of $0.25, compared to $0.25 in Q2 2017; YTD 2018 Adjusted EPS of $0.52, compared to $0.42 in YTD 2017
• Reaffirming 2018 guidance and expectations for 8% to 10% average annual growth in Adjusted EPS and Parent Free Cash Flow through 2020

GUIDANCE:

AES Corp sees FY2018 EPS of $1.15-$1.25, versus the consensus of $1.21.

For earnings history and earnings-related data on AES Corp (AES) click here.

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