AES Reports Strong Third Quarter 2018 Results; Advances on Key Strategic Objectives

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AES Corp (AES) Misses Q3 EPS by 7c, Revenues Miss; Affirms FY18 EPS Guidance

November 6, 2018 6:04 AM EST

AES Corp (NYSE: AES) reported Q3 EPS of $0.23, $0.07 worse than the analyst estimate of $0.30. Revenue for the quarter came in at $2.84 billion versus the consensus estimate of $3.23 billion.

"During the third quarter, we continued to successfully execute on our strategic plan. On the renewables front, we signed 392 MW of long-term contracts, bringing our year-to-date total to 1.9 GW and increasing our backlog of projects to 5.7 GW. This... More