AEP Q3 operating EPS $1.85; narrows 2024 guidance; new 6-8% growth rate

AMERICAN ELECTRIC POWER CO INC

2024-Q3 EPS reported $4.34 revenue$15,025,000,000

Q3 operating EPS $1.85 (GAAP $1.80); operating revenue $5.4B vs $5.3B YoY.
2024 operating EPS guidance narrowed to $5.58-$5.68; midpoint $5.63 unchanged.
New long-term EPS growth target 6%-8% based on 2025 guidance of $5.75-$5.95.
Five-year capital plan expanded to $54B (2025-2029) for grid reliability and load growth.

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