AES Corp (AES) Tops Q2 EPS by 1c

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Go back to AES Corp (AES) Tops Q2 EPS by 1c

AES Reports Strong Cash Results for Second Quarter 2016: Consolidated Net Cash Provided by Operating Activities of $723 Million and Proportional Free Cash Flow of $417 Million

August 5, 2016 6:00 AM EDT

Highlights

Second quarter 2016 Diluted EPS of ($0.16) and Adjusted EPS of $0.17 Reaffirming 2016 guidance and 2017-2018 expectations Prepaid an additional $181 million in Parent debt, bringing total year-to-date prepayment to $306 million and refinanced $500 million in near-term Parent debt Announced the sale of Sul in Brazil for BRL 1,698 million (equivalent to approximately $470 million) in proceeds to AES Completed 2,414 MW of projects under construction Total of 3,921 MW currently under construction and expected to come on-line through 2019 Broke ground on the... More