The chart below shows how AEP performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AEP sees a -2.88% change in stock price 10 days leading up to the earnings, and a +1.59% change 10 days following the report. On the earnings day itself, the stock moves by -0.20%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Quarterly Operating Earnings Increase: Operating earnings for the third quarter totaled $1.85 per share, or $985 million, compared to $1.77 per share, or $924 million in 2023.
Earnings Resilience Q3: GAAP earnings for the third quarter were $1.80 per share compared to $1.83 per share in 2023, showing resilience in earnings performance.
Earnings Per Share Increase: Year-to-date, GAAP earnings are $4.35 per share versus $3.62 per share last year, reflecting a significant increase in profitability.
Commercial Load Growth: We reported a commercial load growth of 7.9% compared to the third quarter of last year and 10.1% growth year-to-date in 2024 compared to 2023.
Capital Plan Expansion: We have a robust capital plan of $54 billion, which is more than a 25% increase over the prior $43 billion plan, supporting our growth initiatives.
Negative
Operating Earnings Comparison: Operating earnings for the third quarter totaled $1.85 per share, or $985 million, compared to $1.77 per share, or $924 million in 2023.
Earnings Per Share Comparison: GAAP earnings for the third quarter were $1.80 per share compared to $1.83 per share in 2023.
Earnings Per Share Increase: Year-to-date, GAAP earnings are $4.35 per share versus $3.62 per share last year.
Earnings Guidance Outlook: The foundation of our 2025 earnings guidance range is based on lower contributions from our generation and marketing segment due to reduced scope of activities going forward and lower retail and wholesale margins likely to be realized.
2025 Operating Earnings Guidance: We also formally introduced our 2025 operating earnings guidance range of $5.75 to $5.95.
American Electric Power Company, Inc. (AEP) Q3 2024 Earnings Call Transcript
AEP.O
-1.62%