AEP News and Press, American Electric Power Company Inc. From 07/27/23

2023-07-27 08:32:56 ET American Electric Power ( NASDAQ: AEP ) -0.7% pre-market Thursday after reporting Q2 earnings that fell slightly and announcing a sale of its interests in two joint venture transmission projects totaling $230M. Q2 net income slipped to $521.2M, or ...

2023-07-27 07:07:32 ET American Electric Power press release ( NASDAQ: AEP ): Q2 Non-GAAP EPS of $1.13 in-line. Revenue of $4.4B (-4.3% Y/Y) misses by $290M . 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term gr...

AEP REPORTS SECOND-QUARTER 2023 EARNINGS; REAFFIRMS 2023 GUIDANCE PR Newswire Second-quarter 2023 GAAP earnings of $1.01 per share; operating earnings of $1.13 per share 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per shar...

2023-07-26 12:13:24 ET American Electric Power ( NASDAQ: AEP ) is scheduled to announce Q2 earnings results on Thursday, July 27th, before market open. The consensus EPS estimate is $1.13 (-5.8% Y/Y) and the consensus revenue estimate is $4.69B (+2.0% Y/Y). Over the la...

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2023-07-19 07:00:00 ET Summary Gas utilities are close to 11-year averages in valuation and quality. Other subsectors are overvalued by 9% to 23% regarding my metrics. iShares U.S. Utilities ETF is an alternative to XLU. 10 stocks cheaper than their peers in July. ...

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2023-07-10 09:59:34 ET Summary Texas is the largest electricity market in the United States, with steadily growing demand setting records in 2023. We review the largely deregulated Texas market, and identify eight publicly traded investor-owned utilities with significant operation...

2023-07-07 11:25:35 ET Summary American Electric Power is a strong utility stock with a healthy balance sheet, consistent dividend growth, and a business model focused on future earnings growth through investments in renewables and decarbonization. AEP is expected to invest $40 bi...

2023-06-29 16:27:08 ET American Electric Power ( NASDAQ: AEP ) said Thursday its Southwestern Electric Power unit received approval from the Louisiana Public Service Commission to move forward with its plan to acquire up to 999 MW of renewable generation resources. AEP ( A...