American Electric Power Co Inc (AEP) revealed a profit for its first quarter that Increases, from the same period last year
The company's bottom line totaled $874 million, or $1.61 per share. This compares with $800 million, or $1.50 per share, last year.
Excluding items, American Electric Power Co Inc reported adjusted earnings of $891 million or $1.64 per share for the period.
The company's revenue for the period rose 10.2% to $6.020 billion from $5.463 billion last year.
American Electric Power Co Inc earnings at a glance (GAAP) :
-Earnings: $874 Mln. vs. $800 Mln. last year.-EPS: $1.61 vs. $1.50 last year.-Revenue: $6.020 Bln vs. $5.463 Bln last year.
-Guidance:Full year EPS guidance: 6.15 To 6.45
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.