---
schema_version: "secwatch.filing_event.v1"
accession: "0000004904-23-000071"
form_type: "8-K"
ticker: "AEP"
cik: "0000004904"
company_name: "AMERICAN ELECTRIC POWER CO INC"
filed_at: "2023-05-04T23:59:59+00:00"
generated_at: "2026-06-15T23:16:45.112526+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AEP Q1 GAAP EPS $0.77 vs $1.41 YoY; operating EPS $1.11; reaffirms 2023 guidance $5.19-$5.39

## Summary
- First-quarter 2023 GAAP earnings of $0.77 per share, down 45% from $1.41 in Q1 2022; operating earnings $1.11 vs $1.22.
- Revenue $4.7B in Q1 2023 vs $4.6B in Q1 2022; GAAP net income $397M vs $715M.
- Reaffirmed 2023 operating EPS guidance of $5.19-$5.39 and long-term growth rate 6%-7%.
- Launched sale process for AEP Energy retail, AEP OnSite Partners, and 50% stake in New Mexico Renewable Development joint venture.
- Strategic review of non-core transmission JVs (Prairie Wind, Pioneer, Transource); expects to close unregulated renewables sale to IRG in Q2 2023.

## SEC filing metadata
- accession: 0000004904-23-000071
- form_type: 8-K
- ticker: AEP
- cik: 0000004904
- company_name: AMERICAN ELECTRIC POWER CO INC
- filed_at: 2023-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4904/000000490423000071/0000004904-23-000071-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4904/000000490423000071/aep-20230504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-23-000071
- JSON: https://secwatch.observer/filing/0000004904-23-000071.json
- Plain text: https://secwatch.observer/filing/0000004904-23-000071.txt

## Key facts
- Earnings Releases
  AMERICAN ELECTRIC POWER CO INC updated its the first quarter ended March 31, 2023 guidance (reaffirmed).
  - Period: the first quarter ended March 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: AEP REPORTS FIRST-QUARTER EARNINGS, REAFFIRMS 2023 GUIDANCE
  evidence_url: https://www.sec.gov/Archives/edgar/data/4904/000000490423000071/0000004904-23-000071-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.