American Electric Power Company Inc reports results for the quarter ended June 30 - Earnings Summary
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 $1.36 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.43. The mean expectation of twenty one analysts for the quarter was for earnings of $1.50 per share. Wall Street expected results to range from $1.44 to $1.62 per share.
Revenue rose 7% to $5.45 billion from a year ago; analysts expected $5.34 billion.
American Electric Power Company Inc's reported EPS for the quarter was $1.31.
The company reported quarterly net income of $713 million.
American Electric Power Company Inc shares had fallen by 5.4% this quarter and gained 12.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.7% 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 "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 13 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electric utilities peer group is also "buy"
Wall Street's median 12-month price target for American Electric Power Company Inc is $145.00, about 11.9% above its last closing price of $127.78
This summary was machine generated from LSEG data July 31 at 01:05 a.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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.50 | 1.36 | Missed |
Mar. 31 2026 | 1.57 | 1.64 | Beat |
Dec. 31 2025 | 1.15 | 1.19 | Beat |
Sep. 30 2025 | 1.81 | 1.80 | Missed |
Recent news on American Electric Power
See all newsExplainer: Why AI data centers are powering a boom in fuel-cell demand
US RESEARCH ROUNDUP-3M, Constellation Energy, Metropolitan Bank
US STOCKS ON THE MOVE-Hilton, MSCI, Tradeweb, Eli Lilly
US STOCKS ON THE MOVE-Hilton, MSCI, Tradeweb, Eli Lilly
Brief: AEP Increases Quarterly Dividend To 97 Cents A Share