UPDATE: AES Q2 Net Profit Surges 19%

Loading...
Loading...
AES
AES
reported a 19% rise in its second-quarter earnings. AES's quarterly profit surged to $167 million, or $0.22 per share, from $140 million, or $0.18 per share, in the year-ago period. Excluding one-time items, its adjusted earnings surged to $0.32 per share from $0.18 per share. Its revenue declined 0.5% to $4.07 billion. However, analysts were expecting earnings of $0.26 per share on revenue of $4.49 billion. Its gross margin widened to 22.6% from 16.9%. AES shares closed at $12.87 yesterday.
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...