Exploring Analyst Estimates for AEP (AEP) Q3 Earnings, Beyond Revenue and EPS

Core Insights - American Electric Power (AEP) is expected to report quarterly earnings of $1.78 per share, a 0.6% increase year-over-year, with revenues projected at $5.39 billion, reflecting a 1.8% increase from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised 1.6% higher in the last 30 days, indicating a collective reevaluation by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Revenue Projections - Analysts estimate 'Total Revenues- Generation & Marketing' at $484.91 million, a decrease of 14.4% from the year-ago quarter [5] - 'Total Revenues- Transmission and Distribution Utilities' is forecasted to reach $1.61 billion, an increase of 4.4% year-over-year [5] - 'Total Revenues- Vertically Integrated Utilities' is expected to be $3.33 billion, reflecting a 4% increase from the prior year [6] - 'Total Revenues- AEP Transmission Holdco' is projected at $502.05 million, indicating a 5.3% increase from the previous year [6] Energy Sales Estimates - 'Total Energy Sales - Retail Electric - Transmission & Distribution Utilities - Total Retail' is expected to be 24,874.03 GWh, up from 23,837 GWh in the same quarter last year [7] - 'Total Energy Sales - Retail Electric - Vertically Integrated Utilities - Total Retail' is projected at 25,071.78 GWh, slightly above the previous year's 25,010 GWh [7] - 'Total Energy Sales - Wholesale Electric - Transmission & Distribution Utilities' is estimated at 510.79 GWh, compared to 485 GWh a year ago [8] - The total energy sales for 'Transmission & Distribution Utilities - Total' is expected to be 25,700.71 GWh, up from 24,322 GWh in the previous year [8] - 'Total Energy Sales - Vertically Integrated Utilities - Total' is projected at 28,734.98 GWh, slightly down from 28,886 GWh year-over-year [9] - 'Total Energy Sales - Wholesale Electric - Vertically Integrated Utilities' is expected to be 3,702.49 GWh, down from 3,876 GWh in the previous year [9] Operating Earnings Estimates - 'Operating Earnings (non-GAAP)- Transmission & Distribution Utilities' is expected to reach $258.42 million, up from $206 million in the same quarter last year [10] - 'Operating Earnings (non-GAAP)- Generation & Marketing' is projected at $70.23 million, down from $92.80 million in the same quarter last year [10] Stock Performance - AEP shares have decreased by 2.6% over the past month, compared to a 1% decline in the Zacks S&P 500 composite [11] - AEP holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [11]