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American Electric Power (AEP)
NASDAQ:AEP
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.44Last Year’s EPS
1.27Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 13, 2025
|% Change Since: 1.95%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
The earnings call was largely positive with strong financial performance, significant load growth, and a solid capital plan. However, there are challenges related to higher operational costs, ongoing regulatory uncertainties, and impacts on credit metrics that need to be addressed.Company Guidance
During the American Electric Power Company's fourth quarter 2024 earnings call, the company provided several key metrics and guidance for the upcoming years. AEP announced fourth quarter operating earnings of $1.24 per share, equating to $660 million, and total 2024 operating earnings of $5.62 per share. The company reaffirmed its 2025 operating earnings guidance range of $5.75 to $5.95 per share, supported by an anticipated long-term operating earnings growth rate of 6% to 8%. AEP's strategic focus includes a robust $54 billion capital plan from 2025 to 2029, aimed at enhancing their transmission and distribution infrastructure and supporting significant load growth, especially from data centers and industrial customers. The company reported commercial load growth of 12.3% in the fourth quarter and 10.6% for the full year compared to 2023. AEP also highlighted a pending $2.82 billion minority interest transaction on their transmission business, expected to close in the second half of 2025, which is anticipated to be highly accretive at 2.3 times rate base and valued at 30.3 times price to earnings. The transaction is aimed at rotating capital into investments that benefit customers and support growing energy demand.Strong Operating Earnings
Fourth quarter 2024 operating earnings were reported at $1.24 per share, with full-year 2024 operating earnings totaling $5.62 per share, representing a 7% year-over-year increase from $5.25 per share in 2023.
Significant Load Growth
Commercial load growth of 12.3% over the fourth quarter and 10.6% growth on the full year compared to 2023, driven by data center demand.
Large Capital Plan
AEP has a robust $54 billion capital plan for 2025-2029, with potential incremental investment opportunities of up to $10 billion.
Successful Transactions
The Ohio and INM minority interest transaction valued at $2.82 billion is highly accretive, and AEP sold the New Mexico Renewable Development solar portfolio, generating almost half a billion dollars in net cash proceeds in 2024.
Dividend Increase
AEP increased the quarterly dividend from $0.88 to $0.93 per share in October 2024.
Positive Regulatory Developments
Constructive base rate case outcomes in multiple states and commission approvals for various plans, enhancing financial credibility.
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AEP Earnings History
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
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AEP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 13, 2025 | $102.35 | $100.99 | -1.33% |
| Nov 06, 2024 | $98.51 | $94.44 | -4.13% |
| Jul 30, 2024 | $94.39 | $95.43 | +1.10% |
| Apr 30, 2024 | $83.46 | $82.84 | -0.74% |
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.
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FAQ
When does American Electric Power (AEP) report earnings?
American Electric Power (AEP) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is American Electric Power (AEP) earnings time?
American Electric Power (AEP) earnings time is at Apr 30, 2025, TBA Not 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 (Q1) is 1.44.
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