American Electric Power (AEP) to Release Earnings on Wednesday
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.
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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.
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