earnings
confidence high
sentiment positive
materiality 0.80
AEP Q1 operating EPS $1.54 beats $1.27 YoY; reaffirms FY guidance $5.75-$5.95
AMERICAN ELECTRIC POWER CO INC
2025-Q1 EPS reported
$1.50
revenue$5,463,400,000
- Operating EPS $1.54 vs $1.27 YoY (+21%); GAAP EPS $1.50 vs $1.91 on mark-to-market and Ohio legislation.
- Revenue $5.46B (+8.7% YoY); commercial load up 12.3% driven by large customers in IN, OH, OK, TX.
- Completed equity needs for $54B capital plan: $2.82B transmission minority stake (pending FERC) + $2.3B forward equity at ~$140/share.
- Reaffirmed 2025 operating EPS guidance $5.75-$5.95 and long-term growth 6%-8%.
- PJM selected Transource JV for $1.7B projects; AEP Texas approved for 765kV line and grid resiliency.