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AEP American Electric Power News Story

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American Electric Power Company Inc reports results for the quarter ended June 30 - Earnings Summary

American Electric Power Company Inc AEP.OQ reported quarterly adjusted earnings of $1.43​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.25.  The mean expectation of sixteen analysts for the quarter was for earnings of $1.27 per share. Wall Street expected results to range from $1.20  to $1.35 per share.

Revenue rose 11.1% to $5.09 billion from a year ago; analysts expected $4.96 billion.

American Electric Power Company Inc's reported EPS for the quarter was $2.29​.

The company reported quarterly net income of $1.23 billion.

American Electric Power Company Inc shares had risen by 5.3% this quarter and gained 18.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 1.3% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 13 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is  "buy."

Wall Street's median 12-month price target for American Electric Power Company Inc is $109.00, about 0.2% below its last closing price of $109.22

This summary was machine generated from LSEG data July 30 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.271.43Beat
Mar. 31 20251.401.54Beat
Dec. 31 20241.241.24Met
Sep. 30 20241.801.85Beat

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