earnings
confidence high
sentiment positive
materiality 0.75
AEP reports FY2022 operating EPS $5.09, reaffirms 2023 guidance $5.19-$5.39
AMERICAN ELECTRIC POWER CO INC
2022-FY EPS reported
$4.49
revenue$19,639,500,000
- Full-year GAAP EPS $4.51; operating EPS $5.09, up from $4.74 in 2021.
- Revenue $19.6B in 2022, up from $16.8B in 2021.
- Q4 GAAP EPS $0.75; operating EPS $1.05, vs $0.98 in Q4 2021.
- 2023 operating EPS guidance reaffirmed at $5.19-$5.39; long-term growth 6%-7%.
- Agreed to sell 1,365 MW unregulated contracted renewables; expects Q2 2023 close.