We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
American Electric (AEP) Q4 Earnings In-Line, Misses on Sales
Read MoreHide Full Article
American Electric Power Co., Inc. (AEP - Free Report) is one of the largest integrated utilities in the United States.
The company owns the nation's largest electricity transmission system and over 224,000-miles of distribution lines.
American Electric Power has a stable earnings base of more than 5.4 million customers spread over 11 states.
Surprise History
Investors should note that American Electric Power has surpassed the Zacks Consensus Estimate last four quarters, with a positive average surprise of 5.00%.
American Electric Power Company, Inc. Price and EPS Surprise
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings: American Electric Power reported fourth-quarter 2019 operating earnings of 60 cents per share, in line with the Zacks Consensus Estimate.
Revenue: The company’s revenues of $3.6 billion for the fourth-quarter missed the Zacks Consensus Estimate of $4.1 billion.
Key Stats: American Electric Power reaffirmed its 2020 operating earnings guidance in the range of $4.25-$4.45 per share.
Check back later for our full write up on this American Electric Power earnings report later!
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
Image: Bigstock
American Electric (AEP) Q4 Earnings In-Line, Misses on Sales
American Electric Power Co., Inc. (AEP - Free Report) is one of the largest integrated utilities in the United States.
The company owns the nation's largest electricity transmission system and over 224,000-miles of distribution lines.
American Electric Power has a stable earnings base of more than 5.4 million customers spread over 11 states.
Surprise History
Investors should note that American Electric Power has surpassed the Zacks Consensus Estimate last four quarters, with a positive average surprise of 5.00%.
American Electric Power Company, Inc. Price and EPS Surprise
American Electric Power Company, Inc. price-eps-surprise | American Electric Power Company, Inc. Quote
Zacks Rank: Currently, American Electric Power has a Zacks Rank #3 (Hold).
However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings: American Electric Power reported fourth-quarter 2019 operating earnings of 60 cents per share, in line with the Zacks Consensus Estimate.
Revenue: The company’s revenues of $3.6 billion for the fourth-quarter missed the Zacks Consensus Estimate of $4.1 billion.
Key Stats: American Electric Power reaffirmed its 2020 operating earnings guidance in the range of $4.25-$4.45 per share.
Check back later for our full write up on this American Electric Power earnings report later!
Biggest Tech Breakthrough in a Generation
Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.
A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.
See 8 breakthrough stocks now>>