AES Corp (AES) Misses Q2 EPS by 2c

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AES Reports Second Quarter 2015 Adjusted Earnings Per Share of $0.25 and Proportional Free Cash Flow of $62 Million; Reaffirms 2015 Guidance Ranges for All Metrics

August 10, 2015 6:05 AM EDT

Highlights

Reaffirming 2015 Adjusted EPS guidance range of $1.25-$1.35 and 2015 Proportional Free Cash Flow guidance range of $1,000-$1,350 million In the second half of the year, the Company's financial performance is expected to benefit from lower planned maintenance, improved hydrology and higher collections 5,839 MW currently under construction and on track to come on-line through 2018 Commissioned the 1,240 MW Mong Duong 2 power plant in Vietnam Broke ground on three new energy storage projects totaling 40 MW in the United States, the Netherlands and the United Kingdom... More