AES earnings per share rise 17 percent
- August 5, 2011
Arlington-based AES Corp. reported Friday that its adjusted earnings per share rose 17 percent from the year before.
The international power company said it had second-quarter revenue of $4.5 billion, up from $3.9 billion the same period last year.
Adjusted earnings per share increased from 24 cents in the second quarter of 2010 to 28 cents in the three-month period ending June 30.
Excluding costs involved in the company’s $4.7 billion acquisition of DPL Inc., earnings per share for the second quarter of 2011 were 32 cents.
The company said its acquisition of Ohio-based DPL, the parent company of Dayton Power and Light, is on track for completion in the fourth quarter of this year or the first quarter of 2012.
Through the first six months of 2011, AES had consolidated revenue of $8.8 billion, up from $7.8 billion during the same period last year.