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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.