AEP Stock Recent News

Although the revenue and EPS for AEP (AEP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

American Electric Power (AEP) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.23 per share. This compares to earnings of $1.13 per share a year ago.

Second-quarter 2024 GAAP earnings of $0.64 per share; operating earnings of $1.25 per share Company reaffirms 2024 operating earnings (non-GAAP) guidance of $5.53 to $5.73 per share and long-term growth rate of 6% to 7% Strong data processing load in the commercial customer class positions AEP for further growth, supported by industry-leading transmission system AMERICAN ELECTRIC POWER Preliminary, unaudited results Second Quarter ended June 30 Year-to-date ended June 30 2024 2023 Variance 2024 2023 Variance Revenue ($ in billions): 4.6 4.4 0.2 9.6 9.1 0.5 Earnings ($ in millions): GAAP 340.3 521.2 (180.9) 1,343.4 918.2 425.2 Operating (non-GAAP) 662.0 582.2 79.8 1,332.4 1,153.8 178.6 EPS ($): GAAP 0.64 1.01 (0.37) 2.55 1.78 0.77 Operating (non-GAAP) 1.25 1.13 0.12 2.52 2.24 0.28 EPS based on 529 million shares 2Q 2024, 515 million shares 2Q 2023, 528 million shares YTD 2024 and 515 million shares YTD 2023 COLUMBUS, Ohio , July 30, 2024 /PRNewswire/ -- American Electric Power (Nasdaq

Total second-quarter earnings of Utility stocks are expected to improve 9.1% year over year on a rise of 1.1% in revenues. Let's see how PEG, CNP, AEP & FE report their Q2 figures.

Evaluate the expected performance of AEP (AEP) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

AEP (AEP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

American Electric's (AEP) Q2 results are likely to benefit from a favorable weather pattern and an increase in transmission revenues. However, higher interest expenses might have hurt earnings.

COLUMBUS, Ohio , July 24, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) has declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable Sept.

AEP (AEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Be honest. I won't be mad, but just admit it.