American Electric Power Company, Inc (AEP) is slated to release third-quarter 2024 results on Nov. 6 before the market opens.See the Zacks Earnings Calendar to stay ahead of market-making news.In the last reported quarter, the company delivered an earnings surprise of 1.63%. However, American Electric has a trailing four-quarter average negative earnings surprise of 0.38%.Factors to Note Ahead of AEP’s Q3 Earnings Most of the AEP’s service territories observed warmer-than-normal weather conditions in the th ...

In its upcoming report, American Electric Power (AEP) is predicted by Wall Street analysts to post quarterly earnings of $1.78 per share, reflecting an increase of 0.6% compared to the same period last year. Revenues are forecasted to be $5.39 billion, representing a year-over-year increase of 1.8%.The consensus EPS estimate for the quarter has been revised 1.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...

Let me be the first to wish you all a Happy and spooky Halloween. What isn't spooky, though, is the dividend increase this week. In fact, treat yourself to some sweets with several of these increases. This week's companies have an averageDerek is an individual investor seeking to navigate the investment world to provide a wealthy and stable retirement for his family. He aims to help fellow investors, notably younger investors, establish a plan to produce a growing income stream. Derek holds a Bachelor's deg ...

Initiates search for newly created president of AEP Transmission role responsible for leading high growth business Shifts management of generating plants and economic development function to local operating companies Realigns leadership team to support key business functions and local decision-makingCOLUMBUS, Ohio, Oct. 31, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) today announced leadership and organizational changes that will empower local operations, drive growth and create value for cu ...

American Electric Power Company, Inc. (AEP) is deploying systematic investments in infrastructural upgrades to enhance the reliability of its operations and serve its utility customers efficiently. The company is also making consistent investments to boost its renewable generation portfolio.However, this Zacks Rank #2 (Buy) company faces risks related to a weak solvency position.AEP’s Tailwinds American Electric has a capital investment plan of $43 billion for the 2024-2028 period in its core regulated oper ...

September proved to be impressive for Wall Street despite being historically the worst month for stocks. The month saw the Dow and the S&P 500 hit new record closing highs. However, volatility has returned to Wall Street in October as fresh concerns over the economy’s health have dented investors’ sentiment.Given the ongoing volatility, it would be ideal to invest in defensive stocks like utilities and consumer staples like American Electric Power Company, Inc. (AEP) , American Water Works Company, Inc. (AW ...

COLUMBUS, Ohio, Oct. 24, 2024 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) has named Matthew Fransen senior vice president, Finance and Treasurer, effective Dec. 1. He will succeed Julie Sherwood, who is retiring after 20 years with the company. Fransen will report to Chuck Zebula, executive vice president and chief financial officer.Fransen will be responsible for all elements of the finance and treasury function including working with banking institutions, investors and rating agencies to support ...

GAHANNA, Ohio, Oct. 23, 2024 /PRNewswire/ -- AEP Ohio, an American Electric Power (Nasdaq: AEP) company, today filed a settlement agreement that addresses the extreme power needs of Ohio's growing data center industry while protecting AEP Ohio's other customers. The staff of the Public Utilities Commission of Ohio, the Ohio Consumers' Counsel (OCC), the Ohio Energy Group (OEG), Ohio Partners for Affordable Energy, and Walmart joined AEP Ohio in the filing."Ohio's economic success in bringing data centers to ...

American Electric Power (AEP) announced that the board of directors has approved a 5.7% increase in the quarterly dividend rate. The revised quarterly dividend will be 93 cents, payable on Dec. 10, 2024, to shareholders of record at the close of the business on Nov. 8, 2024.This is the 458th consecutive quarter that the company has paid out a cash dividend on its common shares. The company's history of paying out quarterly dividends for almost 115 years in a row shows its dedication to giving shareholders s ...

COLUMBUS, Ohio, Oct. 22, 2024 /PRNewswire/ -- The Board of Directors of American Electric Power Co. (Nasdaq: AEP) today declared a regular quarterly cash dividend of 93 cents a share on the company's common stock, an increase of 5 cents per share.The dividend is payable Dec. 10, 2024, to shareholders of record as of Nov. 8, 2024, and is the company's 458th consecutive quarterly common stock cash dividend. AEP has paid a cash dividend on its common stock every quarter since July 1910."AEP is strengthening ou ...