American Electric Power(AEP)

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American Electric's Q3 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2024-11-06 17:41
American Electric Power Company, Inc. (AEP) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.85, which beat the Zacks Consensus Estimate of $1.78 by 3.9%. The bottom line also improved 4.5% from earnings of $1.77 per share recorded in the year-ago quarter.The company reported GAAP earnings of $1.80 per share compared with the year-ago quarter’s figure of $1.83.See the Zacks Earnings Calendar to stay ahead of market-making news.American Electric’s Total RevenuesOperating revenues of $5.43 ...
AEP (AEP) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-06 15:35
American Electric Power (AEP) reported $5.4 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 1.9%. EPS of $1.85 for the same period compares to $1.77 a year ago.The reported revenue represents a surprise of +0.11% over the Zacks Consensus Estimate of $5.39 billion. With the consensus EPS estimate being $1.78, the EPS surprise was +3.93%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...
American Electric Power (AEP) Q3 Earnings and Revenues Beat Estimates
ZACKS· 2024-11-06 14:05
American Electric Power (AEP) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.93%. A quarter ago, it was expected that this utility would post earnings of $1.23 per share when it actually produced earnings of $1.25, delivering a surprise of 1.63%.Over the last four quarters, the com ...
American Electric Power(AEP) - 2024 Q3 - Quarterly Report
2024-11-06 12:05
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Transition Period from ____ to ____ | --- | --- | --- | --- | |--------------------------|---------------------------------------------|-------------------------|-------------------------- ...
American Electric Power(AEP) - 2024 Q3 - Quarterly Results
2024-11-06 12:01
Exhibit 99.1 News from AEP | --- | |------------------------------------| | | | ANALYSTS CONTACT: | | Darcy Reese | | Vice President, Investor Relations | | 614/716-2614 | MEDIA CONTACT: Tammy Ridout Managing Director, External Communications 614/716-2347 FOR IMMEDIATE RELEASE AEP Reports Third-Quarter 2024 Earnings, Introduces New Growth Rate and Capital Plan • Third-quarter 2024 GAAP earnings of $1.80 per share; operating earnings of $1.85 per share • Narrows 2024 operating earnings (non-GAAP) guidance to ...
AEP Reports Third-Quarter 2024 Earnings, Introduces New Growth Rate and Capital Plan
Prnewswire· 2024-11-06 11:57
Third-quarter 2024 GAAP earnings of $1.80 per share; operating earnings of $1.85 per share Narrows 2024 operating earnings (non-GAAP) guidance to $5.58 to $5.68 per share, maintaining $5.63 midpoint Announces new long-term growth rate of 6% to 8% based off of 2025 operating earnings guidance of $5.75 to $5.95 per share Expands five-year capital plan to $54 billion to support reliability and demand growth AMERICAN ELECTRIC POWER Preliminary, unaudited results Third Quarter ended September 30 ...
American Electric Power Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-11-06 05:47
American Electric Power Company, Inc. AEP will release earnings results for its third quarter, before the opening bell on Wednesday, Nov. 6.Analysts expect the Columbus, Ohio-based company to report quarterly earnings at $1.8 per share, up from $1.77 per share in the year-ago period. American Electric Power projects to report revenue of $5.43 billion for the quarter, compared to $5.37 billion a year earlier, according to data from Benzinga Pro.On Oct. 24, American Electric Power named Matthew Fransen senior ...
What's in Store for American Electric Power in Q3 Earnings?
ZACKS· 2024-11-01 19:00
American Electric Power Company, Inc (AEP) is slated to release third-quarter 2024 results on Nov. 6 before the market opens.See the Zacks Earnings Calendar to stay ahead of market-making news.In the last reported quarter, the company delivered an earnings surprise of 1.63%. However, American Electric has a trailing four-quarter average negative earnings surprise of 0.38%.Factors to Note Ahead of AEP’s Q3 Earnings Most of the AEP’s service territories observed warmer-than-normal weather conditions in the th ...
Exploring Analyst Estimates for AEP (AEP) Q3 Earnings, Beyond Revenue and EPS
ZACKS· 2024-11-01 14:20
In its upcoming report, American Electric Power (AEP) is predicted by Wall Street analysts to post quarterly earnings of $1.78 per share, reflecting an increase of 0.6% compared to the same period last year. Revenues are forecasted to be $5.39 billion, representing a year-over-year increase of 1.8%.The consensus EPS estimate for the quarter has been revised 1.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...
16 Upcoming Dividend Increases
Seeking Alpha· 2024-10-31 17:17
Let me be the first to wish you all a Happy and spooky Halloween. What isn't spooky, though, is the dividend increase this week. In fact, treat yourself to some sweets with several of these increases. This week's companies have an averageDerek is an individual investor seeking to navigate the investment world to provide a wealthy and stable retirement for his family. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds a Bachelor's deg ...