American Electric Power climbs on Q2 profit beat

American Electric Power

30/07/2025 13:36

** Shares of utility company American Electric Power AEP.O rise 1.4% at $110.75 in premarket trading

** AEP beats Q2 profit estimates on higher electricity rates

** Co posts adjusted Q2 profit of $1.43 per share, compared with analysts' avg. expectation of $1.27 - data compiled by LSEG

** AEP expects to announce new five-year capital plan of about $70 billion this fall to meet growing energy needs in U.S.

** Up to last close, stock up 18.4% YTD

 (Reporting by Pranav Mathur in Bengaluru)

 ((Pranav.Mathur@thomsonreuters.com;))