AES Corp (AES) Misses Q1 EPS by 3c; Reaffirms 2017 Outlook
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AES Reports First Quarter 2017 Financial Results; Reaffirms 2017 Guidance and Long-Term Expectations
May 8, 2017 6:00 AM EDTHighlights
Diluted EPS of ($0.04), a $0.24 decrease compared to the first quarter of 2016, primarily driven by impairments at certain merchant generation assets Adjusted EPS of $0.17, a $0.02 increase compared to the first quarter of 2016 Consolidated Net Cash Provided by Operating Activities of $703 million, a $63 million increase compared to the first quarter of 2016 Consolidated Free Cash Flow of $546 million, a $56 million increase compared to the first quarter of 2016 Prepaid $300 million of Parent debt Reaffirming 2017 guidance and average... More