Bloom Energy Corp BE announced a 1 GW fuel cell supply deal with American Electric Power Company Inc AEP, which sent its stock soaring in early trading on Friday.The deal is "proof of concept" that the company's product can power large-scale data centers, according to Piper Sandler.Analyst Kashy Harrison upgraded the rating from Neutral to Overweight while raising the price target from $10 to $20.The Bloom Energy Thesis: The latest order could "open the door to future arrangements with other utilities," Har ...

This customer-focused effort is the largest utility fuel cell initiative in the countryCOLUMBUS, Ohio, Nov. 14, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) is offering large customers a custom solution to support their growing energy needs with fuel cell technology. AEP has an agreement in place to secure up to 1 gigawatt (GW) of Bloom Energy solid oxide fuel cells for data centers and other large energy users who need to quickly power their operations while the grid is built out to accommoda ...

These passive income powerhouses use dividends to pass along profits directly to shareholders.Some investors target a certain yield to help supplement income in retirement or achieve passive income goals. Others may simply be looking for a yield that is considerably above the 1.3% available from a low-cost S&P 500 exchange-traded fund (ETF) like the Vanguard S&P 500 ETF.Yields come down when stock prices outpace dividend growth rates, which has been the case across many stock market sectors, given the broad ...

业绩总结 - 2024年第三季度GAAP每股收益为1.80美元，较2023年第三季度的1.83美元下降0.03美元[3] - 第三季度营业收入为54亿美元，较2023年第三季度的53亿美元增长0.1亿美元[3] - 2024年营业收益（非GAAP）为985.4百万美元，较2023年第三季度的923.8百万美元增长61.6百万美元[11] - 2024年第三季度GAAP收益为959.6百万美元，较2023年第三季度的953.7百万美元增长5.9百万美元[11] - 2024年第三季度的GAAP收益中，传输与分配公用事业部门的收益为245.2百万美元[22] - 2024年第三季度的特殊项目影响为25.8百万美元，导致每股收益减少0.05美元[22] 用户数据 - 2024年第三季度零售电力总销售量为25,043百万千瓦时，同比增长0.1%[24] - 2024年第三季度批发电力销售量为3,559百万千瓦时，同比下降8.2%[24] - 2024年第三季度的总电力销售量为28,602百万千瓦时，同比下降1.0%[24] - 2024年截至2023年9月30日的零售电力总销售量为70235百万千瓦时，同比增长2.4%[28] - 住宅电力销售量为24191百万千瓦时，同比增长3.4%[28] - 商业电力销售量为18763百万千瓦时，同比增长5.5%[28] - 工业电力销售量为25563百万千瓦时，同比下降0.5%[28] - 零售电力总销售量（传输与分配公用事业）为68886百万千瓦时，同比增长8.2%[28] - 传输与分配公用事业的住宅电力销售量为21079百万千瓦时，同比增长2.2%[28] - 传输与分配公用事业的商业电力销售量为26871百万千瓦时，同比增长18.3%[28] - 传输与分配公用事业的总电力销售量为70233百万千瓦时，同比增长8.0%[28] - 传输与分配公用事业的工业电力销售量为20363百万千瓦时，同比增长2.8%[28] 未来展望 - 2024年营业收益指导范围缩窄至每股5.58至5.68美元，维持5.63美元的中点[2] - 公司宣布新的长期增长率为6%至8%，基于2025年营业收益指导为5.75至5.95美元[2] - 商业负载同比增长超过10%，预计未来三年年均增长20%[8] - 2024年GAAP每股收益预计为5.55至5.65美元，考虑到特殊项目的影响[14] - 2024年营业收益（非GAAP）指导为5.58至5.68美元[13] 资本计划 - 公司五年资本计划扩大至540亿美元，以支持可靠性和需求增长[2] 负面信息 - 2024年第三季度批发电力销售量同比下降8.2%[24] - 2024年第三季度的特殊项目包括与商品对冲活动相关的标记到市场影响为0.9百万美元[22]

财务数据和关键指标变化 - 第三季度2024年每股运营收益为1.85美元，总计9.85亿美元，较2023年同期的1.77美元和9.24亿美元有所增长 [10][32] - GAAP收益为1.80美元，较2023年的1.83美元略有下降，年初至今GAAP收益为4.35美元，较去年的3.62美元增长 [31][32] - 2024年全年的运营收益指导范围缩小至5.58至5.68美元，2025年的运营收益指导范围为5.75至5.95美元 [10][11][47] 各条业务线数据和关键指标变化 - 垂直整合公用事业部门的运营收益为1.08美元，较去年增长0.08美元，主要受益于多个地区的费率变化和零售销售增长 [32] - 传输和分配公用事业部门的收益为0.46美元，较去年增长0.07美元，主要受益于德克萨斯州的分配成本回收因素和俄亥俄州的分配投资骑士 [33] - 发电和营销部门的收益为0.19美元，较去年增长0.01美元，主要受益于零售利润的提高和利息支出的降低 [34] 各个市场数据和关键指标变化 - 第三季度的天气标准化零售销售增长2.1%，这是连续第14个季度的负荷增长，年初至今的整体天气标准化零售销售增长2.9% [36] - 商业销售增长10.1%，工业销售在经济条件挑战下仍保持增长，德克萨斯州的工业销售增长近5% [37][40] - 预计2025年整体销售将比2024年增加8.3%，商业销售在俄亥俄州、印第安纳州和德克萨斯州的增长显著 [38][41] 公司战略和发展方向和行业竞争 - 公司计划在2025年至2029年期间实施540亿美元的资本计划，较之前的430亿美元计划增加超过25% [13][48] - 公司将专注于经济发展和基础设施投资，以提高可靠性并支持资源充足性 [13][21] - 公司将通过改善客户体验和加强与监管机构的关系来推动未来的增长机会 [12][21] 管理层对经营环境和未来前景的评论 - 新任CEO表示，未来的增长机会显著，尤其是在数据中心需求和基础设施投资方面 [12][19] - 管理层对未来的负荷增长持乐观态度，预计到2029年将增加20吉瓦的负荷 [19][41] - 管理层承诺将改善客户服务和监管关系，以实现更积极的监管结果 [21][22] 其他重要信息 - 公司与美国证券交易委员会正在进行讨论，涉及SEC的持续调查，第三季度记录了1900万美元的损失准备金 [28] - 公司在第三季度完成了AEP现场合作伙伴的出售，获得约3.2亿美元的净收益 [46] 问答环节所有提问和回答 问题: 关于2025年的指导和潜在的增量机会 - 管理层提到，2025年的指导中包含了12吉瓦的客户承诺，未来还有更多的负荷增长机会 [53] 问题: 关于资产销售的潜在来源 - 管理层表示将考虑所有可能的资产销售选项，但不会在发生之前透露具体信息 [55] 问题: 关于公用事业的收益率 - 管理层预计公用事业的收益率将达到9.1%，并将与各州监管机构合作以改善关系 [58][59] 问题: 关于数据中心的关税提案 - 管理层强调，数据中心的负荷增长必须确保现有客户不受影响，并已提交相关关税提案 [62][63] 问题: 关于未来的资本支出和投资 - 管理层表示，未来的资本支出将主要集中在天然气和可再生能源项目上，并将根据市场需求进行调整 [70][84]

American Electric Power Company, Inc. (AEP) reported third-quarter 2024 adjusted earnings per share (EPS) of $1.85, which beat the Zacks Consensus Estimate of $1.78 by 3.9%. The bottom line also improved 4.5% from earnings of $1.77 per share recorded in the year-ago quarter.The company reported GAAP earnings of $1.80 per share compared with the year-ago quarter’s figure of $1.83.See the Zacks Earnings Calendar to stay ahead of market-making news.American Electric’s Total RevenuesOperating revenues of $5.43 ...

American Electric Power (AEP) reported $5.4 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 1.9%. EPS of $1.85 for the same period compares to $1.77 a year ago.The reported revenue represents a surprise of +0.11% over the Zacks Consensus Estimate of $5.39 billion. With the consensus EPS estimate being $1.78, the EPS surprise was +3.93%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

American Electric Power (AEP) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.93%. A quarter ago, it was expected that this utility would post earnings of $1.23 per share when it actually produced earnings of $1.25, delivering a surprise of 1.63%.Over the last four quarters, the com ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Quarterly Period Ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For The Transition Period from ____ to ____ | --- | --- | --- | --- | |--------------------------|---------------------------------------------|-------------------------|-------------------------- ...

Exhibit 99.1 News from AEP | --- | |------------------------------------| | | | ANALYSTS CONTACT: | | Darcy Reese | | Vice President, Investor Relations | | 614/716-2614 | MEDIA CONTACT: Tammy Ridout Managing Director, External Communications 614/716-2347 FOR IMMEDIATE RELEASE AEP Reports Third-Quarter 2024 Earnings, Introduces New Growth Rate and Capital Plan • Third-quarter 2024 GAAP earnings of $1.80 per share; operating earnings of $1.85 per share • Narrows 2024 operating earnings (non-GAAP) guidance to ...