AEP Reports Record Q2 2025 Operating Earnings; EPS Increases to $2.29, Exceeds Prior Year by $1.65
Reuters
Jul 30
AEP Reports Record <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Operating Earnings; EPS Increases to $2.29, Exceeds Prior Year by $1.65
American Electric Power Company Inc. $(AEP)$ announced its second-quarter 2025 GAAP earnings of $1,226 million, translating to $2.29 per share. This marks a significant increase from the $340 million, or $0.64 per share, reported in the same quarter the previous year. The company also reported operating earnings of $1.43 per share for the quarter. AEP has provided guidance for its 2025 operating earnings, projecting a range of $5.75 to $5.95 per share. The company expects to achieve growth at a long-term rate of 6% to 8%. AEP anticipates its GAAP earnings per share for the year to range between $6.57 and $6.77, based on certain recorded items. In addition to financial performance, AEP announced plans to unveil a new five-year capital plan amounting to approximately $70 billion. The company has secured customer agreements for 24 gigawatts of new load by the end of the decade, an increase from the previously reported 21 gigawatts. The company attributes its exceptional results to key legislative actions and regulatory approvals, which have provided greater clarity for future operations.
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