AES Corp (AES) Tops Q1 EPS by 3c; Reaffirms
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AES Advances Its Strategic Transformation and Delivers Strong First Quarter 2018 Results
May 8, 2018 7:06 AM EDTQ1 2018 Strategic Highlights
Closed sale of Philippines businesses at an attractive valuation Allocated $1 billion to prepay Parent debt and improve credit ratings Restructured 531 MW Alto Maipo hydroelectric project under construction in Chile Implemented $100 million cost savings program Signed long-term PPAs for 838 MW of renewablesQ1 2018 Financial Highlights
Diluted EPS of $1.03, compared to Q1 2017 Diluted Loss Per Share of ($0.04) Adjusted EPS of $0.28, compared to Q1 2017 Adjusted EPS of $0.17... More
