Back to top
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
American Electric Power Company, Inc. (AEP) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
American Electric Power Company, Inc. (AEP) - free report >>
Image: Bigstock
American Electric (AEP) Q1 Earnings Miss, Revenues Top
American Electric Power Co., Inc. (AEP - Free Report) is one of the largest integrated utilities in the U.S.
Although the company aims to gradually reduce its dependence on coal, it will remain mostly a coal-fired power generator for many years to come.
American Electric Power has a stable earnings base of more than 5.4 million customers spread over 11 states.
American Electric Power Company, Inc. Price and EPS Surprise
American Electric Power Company, Inc. Price and EPS Surprise | American Electric Power Company, Inc. Quote
Surprise History
Investors should note that American Electric Power has surpassed the Zacks Consensus Estimate in only one out of last four quarters, resulting in a negative average surprise of 2.25%.
Zacks Rank: Currently, American Electric Power has a Zacks Rank #3 (Hold). However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change. You
can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings: American Electric Power reported first-quarter 2018 operating earnings of 96 cents per share, lagging behind the Zacks Consensus Estimate of $1.00 per share.
Revenue: The company’s revenues of $4 billion for the first-quarter surpassed the Zacks Consensus Estimate of $3.86 billion.
Key Stats: American Electric Power reaffirmed its 2018 operating earnings guidance in the range of $3.75–$3.95.
Check back later for our full write up on this American Electric Power earnings report later!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>