---
schema_version: "secwatch.filing_event.v1"
accession: "0000004904-25-000059"
form_type: "8-K"
ticker: "AEP"
cik: "0000004904"
company_name: "AMERICAN ELECTRIC POWER CO INC"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T15:01:44.900621+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# AEP Q1 operating EPS $1.54 beats $1.27 YoY; reaffirms FY guidance $5.75-$5.95

## Summary
- 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.

## SEC filing metadata
- accession: 0000004904-25-000059
- form_type: 8-K
- ticker: AEP
- cik: 0000004904
- company_name: AMERICAN ELECTRIC POWER CO INC
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/4904/000000490425000059/0000004904-25-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/4904/000000490425000059/aep-20250506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000004904-25-000059
- JSON: https://secwatch.observer/filing/0000004904-25-000059.json
- Plain text: https://secwatch.observer/filing/0000004904-25-000059.txt

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