Highlights of the Release AES Corp. generated total revenue of $3,542 million in the third quarter, up 0.6% year over year. The top line however missed the Zacks Consensus Estimate of $3,848 million by 8%. In the reported quarter, total cost of sales was $2,854 million, down 0.1% year over year. General and administrative expenses were $40 million, lower than the year-ago level of $45 million. Operating income was up 3.5% to $688 million. Operating margin was 19.4%, up 60 basis points from 18.8% a year ago.