American Electric Power (NASDAQ:AEP) reported quarterly earnings of $1.54 per share which beat the analyst consensus estimate of $1.40 by 10 percent. This is a 21.26 percent increase over earnings of $1.27 per share from the same period last year. The company reported quarterly sales of $5.46 billion which beat the analyst consensus estimate of $5.17 billion by 5.68 percent. This is a 9.26 percent increase over sales of $5.00 billion the same period last year.