AEP: Q1 Earnings Snapshot

AEP

Published on 05/06/2025 at 07:06

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — American Electric Power Co. (AEP) on Tuesday reported first-quarter earnings of $800.2 million.

On a per-share basis, the Columbus, Ohio-based company said it had net income of $1.50. Earnings, adjusted for non-recurring costs, came to $1.54 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.

The utility posted revenue of $5.46 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $5.34 billion.

AEP expects full-year earnings in the range of $5.75 to $5.95 per share.

AEP shares have climbed 16% since the beginning of the year, while the S&P's 500 index has declined nearly 4%. The stock has risen 21% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AEP at https://www.zacks.com/ap/AEP

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News