AES Corporation Reports Q3 GAAP EPS of $0.76 and Revenue of $3.87 Billion
AES Corporation (NYSE: AES) reported third-quarter financial results featuring a GAAP earnings per share (EPS) of $0.76. The company's revenue reached $3.87 billion, representing a 15.5% increase year-over-year and exceeding expectations by approximately $700 million. In parallel to its quarterly performance, AES has received European Union approval for the sale of certain assets to GIM and EQT Fund Management. However, the company faces regulatory scrutiny in the United States, where lawmakers are pushing to block a proposed $33 billion buyout.
Topics: earnings report mergers and acquisitions regulatory approval revenue growth