$621 Million and Adjusted Earnings Per Share of $0.39

The AES Corporation (NYSE:AES) today reported Proportional Free Cash Flow (a non-GAAP financial measure) for the third quarter of 2015 of $621 million, an increase of $194 million from third quarter 2014, primarily driven by the timing of the collection of receivables in the Dominican Republic.
Third quarter 2015 Consolidated Net Cash Provided by Operating Activities increased $152 million to $915 million, primarily driven by the same factors as Proportional Free Cash Flow. Third quarter 2015 Adjusted Earnings Per Share (Adjusted EPS, a non-GAAP financial measure) increased $0.02 to $0.39, primarily due to equity earnings from Guacolda in Chile, as well as a 6% reduction in share count and lower Parent interest expense, partially offset by devaluation in foreign currencies.

Auteur: Redactie

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