AEP (AEP) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - American Electric Power (AEP) reported $4.7 billion in revenue for Q4 2024, a year-over-year increase of 2.1%, but fell short of the Zacks Consensus Estimate by 7.49% [1] - The company's EPS for the same period was $1.24, matching the consensus estimate, indicating no EPS surprise [1] Financial Performance Metrics - Total Energy Sales for Retail Electric - Transmission & Distribution Utilities reached 22,153 GWh, exceeding the average estimate of 21,512.62 GWh [4] - Total Energy Sales for Retail Electric - Vertically Integrated Utilities was 21,721 GWh, slightly below the average estimate of 22,020.43 GWh [4] - Total Energy Sales for Wholesale Electric - Transmission & Distribution Utilities was 667 GWh, surpassing the average estimate of 600.36 GWh [4] - Total Energy Sales for Transmission & Distribution Utilities totaled 22,820 GWh, above the average estimate of 22,112.98 GWh [4] - Total Energy Sales for Wholesale Electric - Vertically Integrated Utilities was 3,636 GWh, significantly higher than the average estimate of 2,658.96 GWh [4] - Total Energy Sales for Vertically Integrated Utilities reached 25,357 GWh, exceeding the average estimate of 24,679.39 GWh [4] Operating Earnings - Operating Earnings (non-GAAP) for Vertically Integrated Utilities were $275.50 million, below the average estimate of $330.13 million [4] - Operating Earnings (non-GAAP) for Transmission & Distribution Utilities were $191.30 million, compared to the average estimate of $276.64 million [4] - Operating Earnings (non-GAAP) for AEP Transmission Holdco were $166.30 million, slightly below the average estimate of $175.04 million [4] - Operating Earnings (non-GAAP) for Generation & Marketing were $30.20 million, significantly lower than the average estimate of $81.13 million [4] - Operating Earnings (non-GAAP) for Corporate and Other were -$3.20 million, better than the average estimate of -$198.68 million [4] - Operating Earnings (GAAP) for Vertically Integrated Utilities were $255.20 million, below the average estimate of $333.65 million [4] Stock Performance - AEP shares have returned +7.6% over the past month, outperforming the Zacks S&P 500 composite's +3.9% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]