American Electric Power (NYSE:AEP) is set to announce its earnings results before the market opens on Wednesday, January 24th. Analysts expect the company to announce earnings of $0.74 per share for the quarter. American Electric Power has set its FY17 guidance at $3.55-3.68 EPS.

American Electric Power (NYSE:AEP) last issued its earnings results on Thursday, October 26th. The utilities provider reported $1.10 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.16 by ($0.06). The firm had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.42 billion. American Electric Power had a net margin of 12.21% and a return on equity of 9.67%. The business’s quarterly revenue was down 12.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.30 earnings per share. On average, analysts expect American Electric Power to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shares of American Electric Power (AEP) opened at $67.76 on Monday. The stock has a market capitalization of $33,330.00, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 3.67 and a beta of 0.30. The company has a debt-to-equity ratio of 1.01, a current ratio of 0.56 and a quick ratio of 0.43. American Electric Power has a one year low of $62.14 and a one year high of $78.07.

AEP has been the topic of several research reports. Jefferies Group restated a “hold” rating and issued a $73.00 target price on shares of American Electric Power in a research note on Tuesday, October 3rd. JPMorgan Chase & Co. boosted their target price on American Electric Power to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Deutsche Bank lowered American Electric Power from a “buy” rating to a “hold” rating in a research note on Tuesday, October 17th. Bank of America initiated coverage on American Electric Power in a research note on Tuesday, October 24th. They issued a “buy” rating and a $79.00 target price on the stock. Finally, Royal Bank of Canada restated a “hold” rating and issued a $74.00 target price on shares of American Electric Power in a research note on Monday, October 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $75.33.

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American Electric Power Company Profile

American Electric Power Company, Inc (AEP) is a public utility holding company that owns, directly or indirectly, all of the outstanding common stock of its public utility subsidiaries and varying percentages of other subsidiaries. The service areas of the Company’s public utility subsidiaries cover the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.

Earnings History for American Electric Power (NYSE:AEP)

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