AEP

With a market cap. of $75.4 billion, American Electric Power Company, Inc. (AEP) is one of the largest electric utilities in the United States, delivering reliable and affordable electricity to 5.6 million customers across 11 states through the nation's largest electric transmission system. It is focused on modernizing energy infrastructure, meeting growing electricity demand, and creating long-term value through operational excellence, safety, and community development. The Columbus, Ohio-based company is scheduled to report its Q2 2026 results before the market opens on Thursday, Jul. 30. Ahead of the release, analysts expect the company to post operating EPS of $1.48, up 3.5% from $1.43 in the year-ago quarter. AEP has exceeded Wall Street's EPS estimates in three of the last four quarters while missing on another occasion. Sentiment Could Be Turning Sour on Nvidia. Here’s Where 1 Analyst Thinks NVDA Stock Is Headed Next. Dear Netflix Stock Fans, Mark Your Calendars for July 16 Google Just Launched 2 New AI Models. What That Means for GOOGL Stock. Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For fiscal 2026, analysts anticipate AEP to report an operating EPS of $6.35, a rise of 6.4% from $5.97 in fiscal 2025. Moreover, its operating EPS is projected to increase over 8% year-over- year to $6.86 in fiscal 2027. AEP stock has soared 34.1% over the past 52 weeks, surpassing both the S&P 500 Index's ($SPX) 19.2% return and the State Street Utilities Select Sector SPDR ETF's (XLU) 12.7% gain over the same period. Shares of American Electric Power rose 1.8% on May 5 after the company increased its 2026 - 2030 capital investment plan by 8% to $78 billion from $72 billion, driven by expanding transmission infrastructure and new natural gas generation projects to meet rapidly growing electricity demand. Investor sentiment was further boosted by AEP's disclosure that it signed 7 GW of new large energy project agreements in Q1 and expects 63 GW of incremental contracted load by 2030, with nearly 90% tied to data centers, including 41 GW in Texas. The stock also gained support from stronger-than-expected Q1 2026 operating EPS of $1.64, revenue of $6.02 billion, and the reaffirmation of its 2026 operating EPS guidance of $6.15 - $6.45. Analysts' consensus rating on...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? American Electric Power (AEP), which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider. This utility has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 4.64%. For the most recent quarter, AEP was expected to post earnings of $1.55 per share, but it reported $1.64 per share instead, representing a surprise of 5.81%. For the previous quarter, the consensus estimate was $1.15 per share, while it actually produced $1.19 per share, a surprise of 3.48%. With this earnings history in mind, recent estimates have been moving higher for AEP. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. AEP currently has an Earnings ESP of +0.07%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner. We expect the company's next earnings report to be released on July 30, 2026. When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss. Many companies end up beating the consensus EPS...

A month has gone by since the last earnings report for American Electric Power (AEP). Shares have lost about 4.7% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is AEP due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for American Electric Power Company, Inc. before we dive into how investors and analysts have reacted as of late. American Electric's Q1 Earnings Beat Estimates, Revenues Increase Y/YAmerican Electric Power Company, Inc. reported first-quarter 2026 operating earnings of $1.64 per share, which beat the Zacks Consensus Estimate of $1.55 by 5.8%. Operating earnings increased 6.5% from $1.54 in the year-ago quarter.On a GAAP basis, AEP posted earnings of $1.61 per share, up from $1.50 a year ago. AEP generated total revenues of $6.02 billion, up 10.2% from $5.46 billion in the prior-year quarter. The top line also came in ahead of the Zacks Consensus Estimate of $5.68 billion by 6.0%.The company’s quarter reflected continued demand growth across its service territory, with management pointing to seven gigawatts of new load agreements signed during the first quarter, largely in Ohio and Texas. AEP also highlighted that its incremental contracted load is expected to expand to 63 gigawatts by 2030, supported by signed agreements with large-load customers. Vertically Integrated Utilities: Operating earnings increased to $464 million from $350 million in the year-ago quarter, supported by stronger underlying utility performance. This segment remained AEP’s largest profit contributor for the period.Transmission & Distribution Utilities: Operating earnings came in at $237 million, up from $192 million a year ago. The improvement reflected stronger results in the distribution-focused utilities compared with the prior-year base.AEP Transmission Holdco: Operating earnings totaled $209 million, down from $235 million in first-quarter 2025. Despite its strategic importance, this segment was the primary drag on year-over-year operating earnings growth.Generation & Marketing: Operating earnings rose to $90 million from $76 million a year earlier. The improvement indicated better performance in the company’s marketing, risk management and related m...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. American Electric Power Company (AEP) recently expanded its five-year capital investment plan to US$78b and raised its expected long-term operating earnings growth rate, tying both moves to rising demand from large projects and data centers. See our latest analysis for American Electric Power Company. Despite recent optimism around data center demand, AEP’s share price has eased, with a 7.16% 1 month share price return decline and a 4.80% 3 month share price return decline. However, the year to date share price return of 9.76% and 1 year total shareholder return of 27.53% suggest longer term momentum has been stronger than the recent pullback implies. If this kind of grid demand story interests you, it could be a good time to see what else is moving in power-related infrastructure and check out 33 power grid technology and infrastructure stocks With AEP trading at US$127.11 and sitting about 13.70% below the average analyst price target of US$144.52, the key question is simple: is this a genuine opportunity, or is the market already pricing in future growth? One widely followed narrative pegs American Electric Power Company's fair value at $113, which sits below the latest close of $127.11, framing the current debate around how much future grid demand is already in the price. Read the complete narrative. Curious what kind of revenue build, earnings trajectory, and future P/E multiple are baked into that $113 figure and the expanded capital plan? The narrative, according to sorkdhkddlek, leans heavily on long term grid demand, regulated returns, and hyperscaler contracts to justify the valuation gap between fair value and today’s share price. Result: Fair Value of $113 (OVERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this story could be challenged if data center project timelines slip, or if regulators prove slower than expected to approve and rate-base that US$78b capital plan. Find out about the key risks to this American Electric Power Company narrative. While the user narrative tags AEP as 12.5% overvalued on a fair value of $113, the current P/E of 18.9x tells a different story. It sits below the US Electric Utilities industry at 21.3x, peers at 21.6x, and a fair ratio of 23.9x. This poin...

Management is leveraging AEP's scale to mitigate supply chain pressures, having already secured 10 gigawatts of gas-fired turbine capacity and long lead-time transmission equipment. Contracted load has surged to 63 gigawatts through 2030, a 7-gigawatt increase from the prior quarter, with data centers representing nearly 90% of this incremental demand. The company is utilizing binding take-or-pay contracts with high credit standards to protect existing customers and ensure large load users cover their specific infrastructure costs. Operational discipline is highlighted by a 4% CAGR in O&M despite significant rate base expansion, driven by staffing needs for new generation and transmission assets. Management attributes recent regulatory successes, including ROE increases in West Virginia and Arkansas, to a strategy of aligning utility plans with state economic development goals. AEP is evaluating its membership in PJM and SPP due to concerns that current RTO processes are not interconnecting generation to load quickly enough to meet customer demand. The 5-year capital plan was increased to $78 billion, up from $72 billion, primarily to fund recently awarded transmission projects and new gas-fired generation. Management expects the long-term operating earnings CAGR to exceed 9% for the 2026-2030 period, an increase from the previous 7% to 9% range, as back-end loaded projects come online. There is a 'line of sight' to over $10 billion in additional projects not yet in the base plan, including the Piketon transmission project and Wyoming fuel cell initiative. The financing strategy for the expanded capital plan assumes $7 billion in total equity through 2030, with the majority weighted toward the back half of the 5-year window. Affordability remains a key assumption, with management forecasting up to $16 billion in cost offsets for existing customers over the life of large load agreements. AEP secured a $1.6 billion DOE loan guarantee for transmission, which is expected to provide $275 million in customer savings over the loan's life. The Wyoming fuel cell project includes a 'put' option allowing AEP to sell equipment back to the customer at 110% of cost if the project fails to advance by year-end. Transmission Holdco earnings were impacted by storm restoration and higher property taxes in Q1, though management expects a year-over-year recovery by year-end. Fut...

US-based electric utility company American Electric Power (AEP) has reported generally accepted accounting principles (GAAP) earnings of $874m for the first quarter of 2026 (Q1 2026), up 9.3% from $800m in the same period of 2025. Earnings per share (EPS) on a GAAP basis increased to $1.61 from $1.50. Non-GAAP operating earnings for the quarter reached $891m, an 8.3% increase from $823m, with EPS rising to $1.64 from $1.54. Revenue for the quarter climbed 10.2% to $6.02bn from $5.46bn. AEP maintained its full-year 2026 operating earnings guidance, projecting EPS between $6.15 and $6.45. In segment performance, Vertically Integrated Utilities reported a 42.6% increase in GAAP earnings to $462m from $324m. The Transmission & Distribution Utilities segment saw earnings grow by 43.6% to $237m in Q1 2026 from $165m in the same quarter of 2025. Conversely, AEP Transmission Holdco's earnings for the quarter decreased by 11.1% to $209m from $235m. AEP chairman, president and CEO Bill Fehrman said: “AEP is executing on our strategic plan at an exceptionally high level during a time of unprecedented opportunity for our industry while keeping an intense focus on affordability. “We are seeing substantial demand growth across our footprint, particularly from data centres and other large load customers. We are intensely focused on delivering reliability and long-term value for our customers and stakeholders.” AEP reported growth in demand across its service areas, driven by new load agreements totalling 7GW in Q1, primarily in Ohio and Texas. The company expects its incremental load to reach 63GW by 2030, supported by agreements with industrial customers, hyperscalers and data centre developers. AEP Texas alone accounts for 41GW of these new commitments, with the implementation of Texas Senate Bill 6 expected to streamline interconnection processes. To accommodate this growth, AEP has increased its five-year capital plan to $78bn, up from $72bn, focusing on transmission investments and new natural gas-fired generation in Indiana. This expansion is projected to yield annual rate-base growth of nearly 11% and an operating earnings compound annual growth rate exceeding 9% through 2030. AEP's transmission network is said to be the largest in the US. The company plans to invest $33bn in transmission projects, representing 42% of its capital plan. New projects include 765kV tra...

US equity futures were trending higher on Tuesday as traders await a fresh batch of corporate earnin

American Electric Power Company, Inc. AEP reported first-quarter 2026 operating earnings of $1.64 per share, which beat the Zacks Consensus Estimate of $1.55 by 5.8%. Operating earnings increased 6.5% from $1.54 in the year-ago quarter. On a GAAP basis, AEP posted earnings of $1.61 per share, up from $1.50 a year ago. AEP generated total revenues of $6.02 billion, up 10.2% from $5.46 billion in the prior-year quarter. The top line also came in ahead of the Zacks Consensus Estimate of $5.68 billion by 6.0%. The company’s quarter reflected continued demand growth across its service territory, with management pointing to seven gigawatts of new load agreements signed during the first quarter, largely in Ohio and Texas. AEP also highlighted that its incremental contracted load is expected to expand to 63 gigawatts by 2030, supported by signed agreements with large-load customers. American Electric Power Company, Inc. price-consensus-eps-surprise-chart | American Electric Power Company, Inc. Quote Vertically Integrated Utilities: Operating earnings increased to $464 million from $350 million in the year-ago quarter, supported by stronger underlying utility performance. This segment remained AEP’s largest profit contributor for the period. Transmission & Distribution Utilities: Operating earnings came in at $237 million, up from $192 million a year ago. The improvement reflected stronger results in the distribution-focused utilities compared with the prior-year base. AEP Transmission Holdco: Operating earnings totaled $209 million, down from $235 million in first-quarter 2025. Despite its strategic importance, this segment was the primary drag on year-over-year operating earnings growth. Generation & Marketing: Operating earnings rose to $90 million from $76 million a year earlier. The improvement indicated better performance in the company’s marketing, risk management and related market activities compared with the year-ago quarter. Corporate and Other: The segment reported an operating loss of $109 million, wider than the $30 million loss posted in the prior-year period. The larger loss meaningfully offset gains elsewhere across the portfolio. American Electric expects to generate earnings in the band of $6.15-$6.45 per share. The Zacks Consensus Estimate for earnings is pegged at $6.33 per share, which lies above the midpoint of the company’s projected range. Am...

For the quarter ended March 2026, American Electric Power (AEP) reported revenue of $6.02 billion, up 10.2% over the same period last year. EPS came in at $1.64, compared to $1.54 in the year-ago quarter. The reported revenue represents a surprise of +6.02% over the Zacks Consensus Estimate of $5.68 billion. With the consensus EPS estimate being $1.55, the EPS surprise was +5.58%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how AEP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Operating Earnings (non-GAAP)- Vertically Integrated Utilities: $464 million compared to the $432.45 million average estimate based on two analysts. Operating Earnings (non-GAAP)- Transmission & Distribution Utilities: $237 million versus $179.49 million estimated by two analysts on average. Operating Earnings (non-GAAP)- Corporate and Other: $-109 million compared to the $-57.34 million average estimate based on two analysts. Operating Earnings (non-GAAP)- Generation & Marketing: $90 million versus the two-analyst average estimate of $57.4 million. Operating Earnings (non-GAAP)- AEP Transmission Holdco: $209 million versus the two-analyst average estimate of $228.92 million. View all Key Company Metrics for AEP here>>> Shares of AEP have returned +1.7% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Image source: The Motley Fool. May 5, 2026, at 9 a.m. ET President and Chief Executive Officer — William J. Fehrman Executive Vice President and Chief Financial Officer — Trevor Ian Mihalik Need a quote from a Motley Fool analyst? Email [email protected] William J. Fehrman: Thank you, Darcy, and good morning. We appreciate you joining us for American Electric Power Company, Inc.’s first quarter 2026 earnings call. I will begin on slides 4 and 5. This is a defining period for our industry. The pace of change is accelerating, and the opportunities ahead of us are expanding. Within this environment, American Electric Power Company, Inc. is extremely well situated to capture growth given our scale, leadership position in generation and transmission, exceptional execution capabilities, and our operational footprint in some of the fastest growing regions in the country. As customer needs evolve, scale, innovation, and intense focus on execution will define the next generation of utility growth. We are ready to meet unprecedented demand across our large service territory not only driven by data centers, but also broader economic development. This is meaningfully expanding the long-term opportunity ahead of us and in the communities we serve. At the same time, our growth is only possible with trusted partnerships. We are staying closely aligned with our stakeholders, listening to our customers, governors, regulators, and policymakers, while working to advance solutions that support affordability, economic development, reliability, and resiliency. As we scale our system, execution and operational discipline become even more crucial. These are significant strengths of the new leadership team at American Electric Power Company, Inc. By leveraging our size and experience, we are mitigating supply chain pressures and acquiring critical resources to support what is a multiyear sustained period of infrastructure buildout. This includes already securing extra high-voltage, long lead-time equipment like transformers, breakers, and lattice steel. As we have said on past calls, we have secured more than 10 gigawatts of gas-fired turbine capacity. In short, we are executing on a disciplined strategy to deliver consistent and timely long-term value for both customers and shareholders. Now turning to slides 7 and 8. I will provide a high-level overview of our first quarter results, str...

AEP reported Q1 operating earnings of $1.64 per share and reaffirmed full-year operating earnings guidance of $6.15–$6.45, citing accelerating demand and constructive rate-case outcomes as key drivers. Contracted load rose to 63 GW through 2030 (up from 56 GW), nearly 90% from data centers including hyperscalers, with major growth in ERCOT (41 GW) and meaningful additions in PJM and SPP backed by strict credit protections and take-or-pay ESAs. Five-year capital plan increased to $78 billion (from $72B) with a heavy transmission focus and awarded multi‑billion‑dollar projects, boosting expected long‑term operating earnings CAGR to >9% and prompting $7 billion of planned equity issuance (including $665M sold via ATM so far). Interested in American Electric Power Company, Inc.? Here are five stocks we like better. 2 Dividend Stocks Insulated From Middle East Conflict American Electric Power (NASDAQ:AEP) reported first-quarter 2026 operating earnings of $1.64 per share, or $891 million, and reaffirmed full-year operating earnings guidance of $6.15 to $6.45 per share. Chairman, President and CEO Bill Fehrman said the company is seeing accelerating demand across its footprint and positioned AEP’s scale in transmission, generation and execution as key advantages as utilities respond to rising load requirements. Executive Vice President and CFO Trevor Mihalik said first-quarter operating earnings rose from $1.54 per share in the first quarter of 2025 to $1.64 per share in 2026. He attributed strength in AEP’s vertically integrated utilities and transmission and distribution segments to “constructive rate case outcomes across multiple jurisdictions,” while noting that some positives were partially offset by comparisons to “prior years’ favorable weather” and continued spending to enhance reliability. → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook AI Power Crunch: Why Bloom Energy Is the Hidden Winner Mihalik said regulated earned return on equity was 9.3% for the quarter and is expected to reach “approximately 9.5% by 2030” as AEP continues executing its regulatory strategy. He said Transmission Holdco results were mainly impacted by higher expenses including storm restoration and higher property taxes, but the company expects Transmission Holdco earnings to be favorable year over year “by the end of 2026.” In generation and marketing, Mihalik sa...

American Electric Power (AEP) came out with quarterly earnings of $1.64 per share, beating the Zacks Consensus Estimate of $1.55 per share. This compares to earnings of $1.54 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.58%. A quarter ago, it was expected that this utility would post earnings of $1.15 per share when it actually produced earnings of $1.19, delivering a surprise of +3.48%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. AEP, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $6.02 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 6.02%. This compares to year-ago revenues of $5.46 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. AEP shares have added about 16.8% since the beginning of the year versus the S&P 500's gain of 5.2%. While AEP has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for AEP was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will...