The earnings call conveyed a strong overall sentiment, with AEP showcasing record-breaking financial performance, significant capital plan expansion, robust load growth, and multiple positive legislative and regulatory developments. While there are some challenges related to renewable tax credit eligibility and timing of load ramp-up, the highlights of the call significantly outweigh the lowlights.

Company Guidance

During the American Electric Power Second Quarter 2025 Earnings Call, the company provided an optimistic outlook for future growth, especially highlighting their financial performance and strategic capital investments. The company achieved its strongest ever second quarter operating earnings with $1.43 per share or $766 million, marking a significant improvement from the previous year. AEP is guiding towards the upper half of their $5.75 to $5.95 per share operating earnings range for the fiscal year. They plan to increase their capital investment from $54 billion to approximately $70 billion over five years, focusing 50% on transmission, 40% on generation, and 10% on distribution. This boost in capital is driven by a transformative load growth, with firm customer commitments for 24 gigawatts of incremental load by the end of the decade. Furthermore, AEP is navigating regulatory landscapes effectively, achieving constructive outcomes and securing necessary tariffs in multiple states, which supports their robust growth plan.

Record Second Quarter Operating Earnings

American Electric Power (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, a 14% increase from the previous year.

Significant Capital Plan Expansion

AEP is executing on a $54 billion capital plan and expects to announce a new 5-year capital plan of approximately $70 billion, reflecting transformative load growth across its 11-state footprint.

Robust Load Growth and Customer Commitments

AEP has increased firm customer commitments and expects to have 24 gigawatts of incremental load by the end of the decade, up from 21 gigawatts, driven primarily by data centers, reshoring of manufacturing, and economic development.

Positive Legislative and Regulatory Developments

AEP achieved several legislative and regulatory successes, including Texas House Bill 5247 and Senate Bill 998 in Oklahoma, which support increased capital investment and reduce regulatory lag.

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	$108.33	$112.32	+3.68%
May 06, 2025	$105.62	$105.62	0.00%
Feb 13, 2025	$100.62	$99.28	-1.33%
Nov 06, 2024	$96.84	$92.84	-4.13%

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 (AEP) report earnings?

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

What is American Electric Power (AEP) earnings time?

American Electric Power (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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