The earnings call highlighted AEP's strong financial performance, significant load growth, and successful regulatory and legislative outcomes, positioning the company for substantial future growth. However, challenges remain in regulatory recovery and potential tax credit uncertainties.

Company Guidance -

Q3 2025

During the American Electric Power (AEP) Second Quarter 2025 Earnings Call, key guidance included a significant increase in AEP's operating earnings, which reached $1.43 per share or $766 million, marking the strongest second quarter in the company's history. The guidance highlighted an upward revision to the 2025 operating earnings forecast, now targeting the upper half of the $5.75 to $5.95 per share range. AEP also reaffirmed a long-term operating earnings growth rate of 6% to 8%, supported by a robust $54 billion capital plan, expected to expand to a new 5-year capital plan of approximately $70 billion. This expanded capital allocation is anticipated to be divided into approximately 50% for transmission, 40% for generation, and 10% for distribution. The company reported transformative load growth, expecting 24 gigawatts of incremental load by the decade's end, up from a previously reported 21 gigawatts, driven by data centers and manufacturing reshoring. Significant regulatory and legislative achievements were also outlined, including tariff approvals in several states and legislative changes in Texas and Ohio to streamline investment recovery and reduce regulatory lag.

Record-Breaking Operating Earnings

AEP delivered the strongest ever second quarter operating earnings in its 100-year history, with operating earnings of $1.43 per share or $766 million, representing a 14% increase year-over-year.

Increased Capital Investment Plan

The company announced an increase in its capital investment plan from $54 billion to a potential $70 billion over five years, driven by significant load growth opportunities.

Significant Load Growth

AEP is experiencing transformative load growth with 24 gigawatts of incremental load expected by the end of the decade, supported by signed customer agreements, and an additional 190 gigawatts of potential load in the interconnection queue.

Constructive Regulatory and Legislative Outcomes

Achievements include the approval of large load tariffs in multiple states, the acquisition of a natural gas facility in Oklahoma, and new legislative frameworks in Texas and Ohio that reduce regulatory lag and promote investment.

Strong Financial Position

AEP has a robust liquidity position with over $5.6 billion in liquidity and a stable credit outlook, with recent financing activities covering equity needs for its current capital plan.

American Electric Power (AEP) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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AEP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 23, 2025	2025 (Q3)	1.88 / -	1.85	―	―	―
Jul 30, 2025	2025 (Q2)	1.27 / 1.43	1.25	14.40% (+0.18)
May 06, 2025	2025 (Q1)	1.40 / 1.54	1.27	21.26% (+0.27)
Feb 13, 2025	2024 (Q4)	1.25 / 1.24	1.23	0.81% (+0.01)
Nov 06, 2024	2024 (Q3)	1.80 / 1.85	1.77	4.52% (+0.08)
Jul 30, 2024	2024 (Q2)	1.23 / 1.25	1.13	10.62% (+0.12)
Apr 30, 2024	2024 (Q1)	1.25 / 1.27	1.11	14.41% (+0.16)
Feb 26, 2024	2023 (Q4)	1.26 / 1.23	1.05	17.14% (+0.18)
Nov 02, 2023	2023 (Q3)	1.70 / 1.77	1.62	9.26% (+0.15)
Jul 27, 2023	2023 (Q2)	1.13 / 1.13	1.2	-5.83% (-0.07)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AEP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$109.22	$113.25	+3.69%
May 06, 2025	$106.49	$106.49	0.00%
Feb 13, 2025	$101.44	$100.10	-1.32%
Nov 06, 2024	$97.64	$93.60	-4.14%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does American Electric Power Company, Inc. (AEP) report earnings?

American Electric Power Company, Inc. (AEP) is schdueled to report earning on Oct 23, 2025, Before Open (Confirmed).

What is American Electric Power Company, Inc. (AEP) earnings time?

American Electric Power Company, Inc. (AEP) earnings time is at Oct 23, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AEP EPS forecast?

AEP EPS forecast for the fiscal quarter 2025 (Q3) is 1.88.

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