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American Electric Power Company, Inc. (NASDAQ:AEP ) Q3 2024 Earnings Conference Call November 6, 2024 9:00 AM ET Company Participants Darcy Reese - VP, IR William Fehrman - President, CEO Charles Zebula - EVP & CFO Conference Call Participants Shar Pourezza - Guggenheim Partners Steven Fleischman - Wolfe Research Jeremy Tonet - JPMorgan David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Nicholas Campanella - Barclays Carly Davenport - Goldman Sachs Andrew Wiesel - Scotiabank. William Appicelli - UBS Anthony Crowdell - Mizuho Ryan Levine - Citi Operator Thank you for standing by.
AEP's third-quarter earnings beat the Zacks Consensus Estimate by 3.9%. The company trims its 2024 adjusted EPS outlook.
The headline numbers for AEP (AEP) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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.
American Electric Power Company, Inc. AEP will release earnings results for its third quarter, before the opening bell on Wednesday, Nov. 6.
AEP's Q3 results are likely to reflect the benefits of a warmer weather pattern and higher transmission revenues.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for AEP (AEP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 5.2% and a median increase of 4.2%. There are sixteen increases for next week, up from six last week.
AEP (AEP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
AEP continues to benefit from its systematic investment plan and renewable portfolio expansion initiatives.
Low-beta utility and consumer staple stocks like AEP, AWK, FTS, CLX and DEO are safe bets during times of market volatility.