American Electric Power Company (AEP) Q3 2026 (USD): Adj. EPS 2.23 (exp. 2.05), Revenue 6.83bln (exp. 6.55bln)
ORIGINAL · NewsquawkAmerican Electric Power Company (AEP) Q3 2026 (USD): Adj. EPS 2.23 (exp. 2.05), Revenue 6.83bln (exp. 6.55bln)Read originalHide original
Introducing operating earnings annual growth rate of 9% to 11% from 2027 through 2031 Expects up to USD 21bln of fixed cost offsets for residential customers from large load contracts Rate base expected to grow to USD 162bln by 2031 under expanded capital plan Plans USD 37bln investment in transmission assets, with transmission rate base to approach USD 70bln by 2031; Plans USD 36bln investment in generation resources through 2031
AEP’s Q3 headline reported adjusted EPS and revenue above expectations, alongside a 2027–2031 earnings growth target, customer cost-offset expectations, and expanded transmission and generation investment plans.
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Introducing operating earnings annual growth rate of 9% to 11% from 2027 through 2031 Expects up to USD 21bln of fixed cost offsets for residential customers from large load contracts Rate base expected to grow to USD 162bln by 2031 under expanded capital plan Plans USD 37bln investment in transmission assets, with transmission rate base to approach USD 70bln by 2031; Plans USD 36bln investment in generation resources through 2031
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