AES Corp (AES) Tops Q3 EPS by 1c, Updates Gudiance
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AES Reports Third Quarter 2015 Proportional Free Cash Flow of $621 Million and Adjusted Earnings Per Share of $0.39
November 5, 2015 6:00 AM ESTGuidance & Expectations
Reaffirming 2015 guidance ranges for cash flow; lowering Adjusted EPS range to $1.18-$1.25 from $1.25-$1.35 Primarily reflecting the impact from devaluation in foreign currencies, changes in commodity prices, lower demand and higher interest rates in Brazil and outages at DPL and AES Hawaii Expecting 2016-2018 average annual growth of at least 10% for Proportional Free Cash Flow and Parent Free Cash Flow, relative to the prior expectation of 10%-15% Providing full year 2016 Proportional Free Cash Flow guidance of $1,125-$1,475 million... More