AES: 2Q Earnings Snapshot
ARLINGTON, Va. (AP) _ The AES Corp. (AES) on Tuesday reported second-quarter earnings of $17 million.
The Arlington, Virginia-based company said it had profit of 2 cents per share. Earnings, adjusted for one-time gains and costs, were 26 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 27 cents per share.
The power company posted revenue of $2.48 billion in the period.
AES expects full-year earnings in the range of $1.30 to $1.38 per s...