American Electric Power(AEP)

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American Electric Power(AEP) - 2024 Q1 - Quarterly Report
2024-04-30 11:07
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 March 31, 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 Q1 - Quarterly Results
2024-04-30 11:01
Exhibit 99.1 News from AEP MEDIA CONTACT: ANALYSTS CONTACT: Tammy Ridout Darcy Reese Managing Director, External Communications Vice President, Investor Relations 614/716-2347 614/716-2614 FOR IMMEDIATE RELEASE AEP Reports First-Quarter 2024 Earnings, Reaffirms Guidance • First-quarter 2024 GAAP earnings of $1.91 per share; operating earnings of $1.27 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% • Economic develop ...
What's in Store for American Electric (AEP) in Q1 Earnings?
Zacks Investment Research· 2024-04-25 15:41
American Electric Power Company, Inc (AEP) is slated to release first-quarter 2024 results on Apr 30, before the opening bell.In the last reported quarter, the company delivered a negative earnings surprise of 3.15%. American Electric has a trailing four-quarter average negative earnings surprise of 1.09%.Factors to NoteAEP’s service territories observed mixed weather conditions in the first quarter. While cool temperature was experienced in the company’s service areas at the onset of the January-March quar ...
Seeking Clues to AEP (AEP) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-04-25 14:20
Wall Street analysts forecast that American Electric Power (AEP) will report quarterly earnings of $1.33 per share in its upcoming release, pointing to a year-over-year increase of 19.8%. It is anticipated that revenues will amount to $5.21 billion, exhibiting an increase of 10.8% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1.2% to its current level. This demonstrates the covering analysts' collective reassessment of their in ...
AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK
Prnewswire· 2024-04-23 19:02
COLUMBUS, Ohio, April 23, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 88 cents a share on the company's common stock. The dividend is payable June 10, 2024, to shareholders of record as of May 10, 2024, and is the company's 456th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910. At American Electric Power, based in Columbus, Ohio, we ...
AEP Recognized as One of America's Best Employers for Diversity
Prnewswire· 2024-04-23 16:47
COLUMBUS, Ohio, April 23, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Forbes Best Employers for Diversity 2024 list. The list was developed based on an independent survey from a sample of more than 170,000 U.S.-based employees. Participants were asked to anonymously rate their organizations on criteria such as age, gender, ethnicity, disability and sexual orientation equality. Respondents belonging to underrepresented groups also were asked to nominate organizations other than ...
AEP Named Leader on New JUST Jobs Scorecard
Prnewswire· 2024-04-04 13:09
COLUMBUS, Ohio, April 4, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is one of six companies to earn the JUST Jobs Leader designation on the JUST Jobs Scorecard released today. The JUST Jobs Scorecard is a new, data-driven tool that helps companies prioritize investments in their employees. The scorecard helps corporate leaders assess job quality performance based on 31 data points in six key topic areas: benefits, employee wellness, hiring and stability, training and development, wages and c ...
American Electric Power: High Yielding Critical Infrastructure On Sale
Seeking Alpha· 2024-03-23 04:52
imaginima American Electric Power (NASDAQ:AEP) is one of the largest electric utilities in the United States. Only smaller than a handful of competitors, including NextEra Energy (NEE), Southern Co (SO), Duke (DUK), and Constellation Energy (CEG), the company is an agglomeration of generation, transmission, and distribution subsidiaries that serve electricity to a portion of the eastern seaboard, as well as the midwestern United States. Given the company's size and financials, one might expect that AEP ...
5 Big Dividend Paying Utility Stocks To Buy Right Now
24/7 Wall Street· 2024-03-18 18:15
5 Big Dividend Paying Utility Stocks To Buy Right Now trekandshoot / iStock via Getty Images After an incredible year like 2023 and a solid first quarter this year, many investors are probably still taking the proverbial victory lap, and with good reason. However, the tide could be turning after the January and February consumer and producer index reports came in hotter than expected, indicating that inflation remains sticky.While interest rates probably start to come down, which could be as late as the f ...
CEO Slashes PG&E Stake by Almost Half
24/7 Wall Street· 2024-03-02 15:10
CEO Slashes PG&E Stake by Almost Half YinYang / iStock via Getty Images Examining how company insiders manage their positions in their own companies can reveal a lot. People may sell shares for many reasons, such as buying a house, paying for college, or estate planning. Generally, they buy shares for just one reason: to make more money.Often, one of the largest and best-informed shareholders in any company is the chief executive officer. Let’s have a look at whether the CEO of PG&E Corp. (NYSE: PCG), Pat ...