AEP Reports 3Q 2024 Earnings, Introduces New Growth Rate and Capital Plan
November 08, 2024
November 08, 2024
COLUMBUS, Ohio, Nov. 8 -- American Electric Power Corp. issued the following news release on Nov. 6, 2024:
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* 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 $5.58 to $5.68 per share, maintaining $5.63 midpoint
* Announces new long-term growth rate of 6% to 8% based off of 2025 operating earnings guidance of $5.75 to $5.95 per share
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* 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 $5.58 to $5.68 per share, maintaining $5.63 midpoint
* Announces new long-term growth rate of 6% to 8% based off of 2025 operating earnings guidance of $5.75 to $5.95 per share