American Electric Power (AEP) reported fourth quarter earnings of $238 million or $0.50 per share, compared to $152 million or $0.38 per share last year.
Ongoing earnings were $238 million or $0.50 per share, compared to $237 million or $0.59 per share in the prior year quarter.
On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.46 per share. Analysts' estimates typically exclude special items.
Revenue grew to $3.3 billion from $3.2 billion in the same quarter a year earlier.
Three analysts estimated revenues of $3.54 billion.
AEP reaffirmed its ongoing earnings guidance range for 2010 of between $2.80 and $3.20 per share.
Analysts expect the company to earn $3.06 per share.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.