American Electric Power(AEP)
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American Electric Power(AEP) - 2024 Q3 - Earnings Call Presentation
2024-11-06 17:48
614/716-2347 614/716-2614 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 Third-Quarter 2024 Earnings, Introduces New Growth Rate and Capital Plan • Third-quarter 2024 GAAP earnings of $1.80 per share; operating earn ...
American Electric Power(AEP) - 2024 Q3 - Earnings Call Transcript
2024-11-06 17:48
American Electric Power Company, Inc. (NASDAQ:AEP) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR William Fehrman - President, CEO Charles Zebula - EVP & CFO Conference Call Participants Shar Pourezza - Guggenheim Partners Steven Fleischman - Wolfe Research Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Nicholas Campanella - Barclays Carly Davenport - Goldman Sachs Andrew Wiesel - Scotiabank. William Appicelli ...
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 ...