American Electric Power (AEP) Set to Announce Earnings on Thursday
American Electric Power (NYSE:AEP) is scheduled to announce its earnings results before the market opens on Thursday, October 25th. Analysts expect the company to announce earnings of $1.17 per share for the quarter. American Electric Power has set its FY18 guidance at $3.75 to $3.95 EPS.
American Electric Power (NYSE:AEP) last announced its earnings results on Wednesday, July 25th. The utilities provider reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.13. American Electric Power had a return on equity of 10.50% and a net margin of 12.09%. The company had revenue of $4 billion for the quarter, compared to the consensus estimate of $3.85 billion. During the same period last year, the business posted $0.75 EPS. The company’s revenue was up 11.1% on a year-over-year basis. On average, analysts expect American Electric Power to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of AEP stock traded up $0.08 during midday trading on Thursday, hitting $71.80. The company had a trading volume of 17,422 shares, compared to its average volume of 3,002,765. American Electric Power has a 52-week low of $62.71 and a 52-week high of $78.07. The company has a market capitalization of $34.94 billion, a P/E ratio of 19.49, a price-to-earnings-growth ratio of 3.26 and a beta of 0.10. The company has a current ratio of 0.50, a quick ratio of 0.40 and a debt-to-equity ratio of 1.05.
American Electric Power Company Profile
American Electric Power Company, Inc, an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. The company generates electricity using coal and lignite, natural gas, nuclear, hydroelectric, solar, wind, and other energy sources.
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