American Electric Power Co Inc Q4 adjusted earnings Beat Estimates

American Electric Power Co Inc (AEP) revealed earnings for fourth quarter that decreased from last year.

The company's bottom line totaled $153.5 million, or $0.31 per share. This compares with $363.4 million, or $0.74 per share, in last year's fourth quarter.

Excluding items, American Electric Power Co Inc reported adjusted earnings of $294.1 million or $0.60 per share for the period.

Analysts had expected the company to earn $0.58 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.3% to $3.6 billion from $3.8 billion last year.

American Electric Power Co Inc earnings at a glance:

-Earnings (Q4): $294.1 Mln. vs. $354.4 Mln. last year.
-EPS (Q4): $0.60 vs. $0.72 last year.
-Analysts Estimate: $0.58
-Revenue (Q4): $3.6 Bln vs. $3.8 Bln last year.

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