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The AES Corporation Q3 adjusted earnings Beat Estimates

The AES Corporation (AES) reported earnings for its third quarter that rose from the same period last year.

The company's profit totaled $210 million, or $0.32 per share. This compares with $102 million, or $0.15 per share, in last year's third quarter.

Excluding items, The AES Corporation reported adjusted earnings of $426 million or $0.48 per share for the period.

Analysts had expected the company to earn $0.41 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 7.4% to $2.63 billion from $2.84 billion last year.

The AES Corporation earnings at a glance:

-Earnings (Q3): $426 Mln. vs. $327 Mln. last year.
-EPS (Q3): $0.48 vs. $0.35 last year.
-Analysts Estimate: $0.41
-Revenue (Q3): $2.63 Bln vs. $2.84 Bln last year.

Full year EPS guidance: $1.30 to $1.38

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