American Electric Power Co Inc Q3 adjusted earnings Miss Estimates

American Electric Power Co Inc (AEP) released earnings for its third quarter that increased from the same period last year.

The company's earnings came in at $796.0 million, or $1.59 per share. This compares with $748.6 million, or $1.51 per share, in last year's third quarter.

Excluding items, American Electric Power Co Inc reported adjusted earnings of $716.7 million or $1.43 per share for the period.

Analysts had expected the company to earn $1.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.2% to $4.6 billion from $4.1 billion last year.

American Electric Power Co Inc earnings at a glance:

-Earnings (Q3): $716.7 Mln. vs. $728.2 Mln. last year.
-EPS (Q3): $1.43 vs. $1.47 last year.
-Analysts Estimate: $1.46
-Revenue (Q3): $4.6 Bln vs. $4.1 Bln last year.

Full year EPS guidance: $4.65 to $4.75

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