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American Electric Power Co Inc Reports Retreat In Q3 Bottom Line

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

American Electric Power Co Inc (AEP) revealed earnings for third quarter that Drops, from the same period last year

The company's bottom line came in at $959.6 million, or $1.80 per share. This compares with $972.0 million, or $1.82 per share, last year.

Excluding items, American Electric Power Co Inc reported adjusted earnings of $985.4 million or $1.85 per share for the period.

The company's revenue for the period fell 9.8% to $5.420 billion from $6.010 billion last year.

American Electric Power Co Inc earnings at a glance (GAAP) :

-Earnings: $959.6 Mln. vs. $972.0 Mln. last year.
-EPS: $1.80 vs. $1.82 last year.
-Revenue: $5.420 Bln vs. $6.010 Bln last year.

-Guidance:
Full year EPS guidance: $5.75 to $5.95

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