With a market cap of $52 billion, American Electric Power Company, Inc. (AEP) is one of the largest integrated utilities in the United States, serving over 5.5 million customers across 11 states. AEP generates, transmits, and distributes electricity using a diverse energy mix, including coal, natural gas, renewables, nuclear, hydro, solar, and wind, catering to retail and wholesale markets. The Columbus, Ohio-based company is expected to unveil its fiscal Q4 earnings results before the market opens on Thursday, Feb. 13.
Before the event, analysts anticipate the utility company to report a profit of $1.24 per share, up marginally from $1.23 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters while missing on two other occasions. In the last reported quarter, AEP exceeded the consensus EPS estimate by a margin of 3.9%.
