Back to top

Image: Bigstock

American Electric's Q1 Earnings Beat Estimates, Revenues Increase Y/Y

Read MoreHide Full Article

American Electric Power Company, Inc. (AEP - Free Report) reported first-quarter 2025 operating earnings per share (EPS) of $1.54, which beat the Zacks Consensus Estimate of $1.39 by 10.8%. The bottom line inched up 21.3% from $1.27 recorded in the year-ago quarter. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)

The company reported GAAP earnings of $1.50 per share compared with the year-ago quarter’s $1.91.

Total Revenues

AEP’s revenues of $5.46 billion rose 8.7% from the year-ago quarter’s level of $5.03 billion. The top line also beat the Zacks Consensus Estimate of $5.34 billion by 2.4%.

AEP’s Segmental Performance

Vertically Integrated Utility Operations: Operating earnings increased to $349.9 million from $300.3 million in the year-ago period.

Transmission & Distribution Utilities: Operating earnings totaled $192.3 million, up from $150.3 million in the year-ago quarter.

AEP Transmission Holdco: This segment generated operating earnings of $234.6 million, up from $208.7 million in the year-ago quarter.

Generation and Marketing: Operating earnings amounted to $76.3 million, up from $65.4 million in the year-ago quarter.

All Other: The segment reported an operating loss of $29.8 million, narrower than the year-ago reported loss of $54.3 million.

AEP’s 2025 Guidance

American Electric has reaffirmed its 2025 operating earnings guidance. It still expects to generate earnings in the band of $5.75-$5.95 per share. The Zacks Consensus Estimate for earnings is pegged at $5.86 per share, which lies just above the midpoint of the company’s projected range.

The company also expects the long-term EPS growth rate to be in the range of 6-8%.

AEP’s Zacks Rank

American Electric currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Recent Utility Releases

NextEra Energy, Inc. (NEE - Free Report) reported first-quarter 2025 adjusted earnings of 99 cents per share, which beat the Zacks Consensus Estimate of 97 cents by 2.1%. The company reported operating revenues of $6.24 billion, which lagged the consensus estimate of $7.34 billion by 14.9%.

FirstEnergy (FE - Free Report) reported first-quarter 2025 operating earnings of 67 cents per share, which beat the Zacks Consensus Estimate of 60 cents by 11.7%. The company reported operating revenues of $3.77 billion, which surpassed the consensus estimate of $3.65 billion by 3.2%.

CMS Energy Corporation (CMS - Free Report) reported first-quarter 2025 earnings of $1.02 per share, which missed the Zacks Consensus Estimate of $1.05 by 2.9%. The company reported operating revenues of $2.45 billion, which beat the consensus estimate of $2.24 billion by 8.9%.

Published in