American Electric Power Co., Inc. AEP is one of the largest integrated utilities in the United States.
The company owns the nation's largest electricity transmission system and over 224,000-miles of distribution lines.
American Electric Power has a stable earnings base of more than 5.4 million customers spread over 11 states.
Investors should note that American Electric Power has surpassed the Zacks Consensus Estimate last four quarters, with a positive average surprise of 5.00%.
American Electric Power Company, Inc. Price and EPS Surprise
American Electric Power Company, Inc. price-eps-surprise | American Electric Power Company, Inc. Quote
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 fourth-quarter 2019 operating earnings of 60 cents per share, in line with the Zacks Consensus Estimate.
Revenue: The company’s revenues of $3.6 billion for the fourth-quarter missed the Zacks Consensus Estimate of $4.1 billion.
Key Stats: American Electric Power reaffirmed its 2020 operating earnings guidance in the range of $4.25-$4.45 per share.
Check back later for our full write up on this American Electric Power earnings report later!
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American Electric Power Company, Inc. (AEP) : Free Stock Analysis Report
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