AES (AES) Q1 Earnings and Revenues Miss Estimates

AES (AES) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.50 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -27.03%. A quarter ago, it was expected that this power company would post earnings of $0.34 per share when it actually produced earnings of $0.54, delivering a surprise of 58.82%.Over the last four quarters, the company has su ...