UPDATE: AES Reports 21% Surge In Q2 Net Profit

AES Corp AES reported a 21% rise in its second-quarter net profit. AES reported its quarterly net profit at $174 million, or $0.22 per share, up from $144 million, or $0.18 per share, in the year-ago period. The company's revenue climbed 16% to $4.54 billion. AES' adjusted earnings came in at $0.28 per share. However, analysts were expecting adjusted earnings of $0.27 per share on revenue of $3.58 billion. AES shares dipped 7.07% to $9.99 in after-hours trading.