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AEP
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AEP Reports 2024 Earnings Results

1. AEP forecasts 7% EPS growth; reaffirmed guidance indicates strong financial positioning. 2. Commercial load increased by 10.6% in 2024, signaling economic development.

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FAQ

Why Bullish?

The reaffirmed earnings guidance and EPS growth prospects enhance investor confidence, similar to past upward revisions that positively impacted stock prices.

How important is it?

The article provides strong financial performance indicators and growth guidance that are critical for assessing AEP's future market position.

Why Long Term?

AEP's five-year capital plan and sustained EPS growth suggest ongoing improvements affecting the company well into the future.

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AEPXELSODED
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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