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The AES Corporation Q1 adjusted earnings Inline With Estimates

The AES Corporation (AES) announced earnings for first quarter that declined from last year.

The company's earnings came in at $144 million, or $0.22 per share. This compares with $154 million, or $0.23 per share, in last year's first quarter.

Analysts had expected the company to earn $0.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 11.7% to $2.34 billion from $2.65 billion last year.

The AES Corporation earnings at a glance:

-EPS (Q1): $0.29 vs. $0.28 last year.
-Analysts Estimate: $0.29
-Revenue (Q1): $2.34 Bln vs. $2.65 Bln last year.

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