27.02.2017 12:12:00

The AES Corporation Q4 Earnings Decline 34%

(RTTNews) - The AES Corporation (AES) released a profit for fourth quarter that retreated from last year.

The company said its bottom line dropped to $224 million, or $0.35 per share. This was down from $340 million, or $0.36 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 9.9% to $3.54 billion. This was up from $3.22 billion last year.

The AES Corporation earnings at a glance:

-Earnings (Q4): $224 Mln. vs. $340 Mln. last year. -Earnings Decline (Y-o-Y): -34.1% -EPS (Q4): $0.35 vs. $0.36 last year. -EPS Decline (Y-o-Y): -2.8% -Revenue (Q4): $3.54 Bln vs. $3.22 Bln last year. -Revenue Change (Y-o-Y): 9.9%

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