The AES Corporation (AES) revealed earnings for its third quarter that Increased from last year but missed the Street estimates.
The company's bottom line came in at $634 million, or $0.89 per share. This compares with $504 million, or $0.71 per share, last year.
Excluding items, The AES Corporation reported adjusted earnings of $475 million or $0.75 per share for the period.
Analysts on average had expected the company to earn $0.77 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.9% to $3.351 billion from $3.289 billion last year.
The AES Corporation earnings at a glance (GAAP) :
-Earnings: $634 Mln. vs. $504 Mln. last year.-EPS: $0.89 vs. $0.71 last year.-Revenue: $3.351 Bln vs. $3.289 Bln last year.
-Guidance:Full year EPS guidance: $2.10 - $2.26
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