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AEP
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AEP Reports 2024 Earnings Results

1. AEP reported a 7% increase in operating earnings for 2024. 2. Commercial load grew by 10.6%, indicating economic development in AEP's service areas.

Earnings
-0.42%Current Return
VS
+1.18%S&P 500
$102.3502/13 07:00 AM EDTEvent Start
$101.9202/14 01:42 PM EDTLatest Updated
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FAQ

Why Bullish?

Increased earnings and growth in commercial load are positive indicators for AEP's stock performance, similar to past earnings surges leading to stock price boosts.

How important is it?

The article highlights significant earnings growth and operational performance factors that likely influence investor sentiment and market strategy regarding AEP.

Why Long Term?

AEP's commitment to a $54 billion capital plan suggests sustained growth and stability, impacting long-term investor confidence.

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AEP
Year-end 2024 GAAP earnings of $5.60 per share; operating earnings of $5.62 per share representing a 7% increase over prior year 2025 operating earnings (non-GAAP) guidance range reaffirmed at $5.75 to $5.95 per share with long-term EPS growth rate of 6% to 8% and FFO/Debt target of 14% to 15% Commercial load grew by 10.6% in 2024 driven by increased economic development in AEP's service territory Company well-positioned to execute historic five-year, $54 billion capital plan to benefit customers and drive growth COLUMBUS, Ohio , Feb. 13, 2025 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today reported fourth-quarter 2024 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $664 million or $1.25 per share, compared with GAAP earnings of $336 million or $0.64 per share in fourth-quarter 2023. Operating earnings for fourth-quarter 2024 were $660 million or $1.24 per share, compared with operating earnings of $647 million or $1.23 per share in fourth-quarter 2023.

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