Valued at a market cap of $63 billion, American Electric Power Company, Inc. (AEP) is an electric public utility company that generates, transmits, and distributes electricity for sale to retail and wholesale customers. The Columbus, Ohio-based company generates electricity using a combination of coal and lignite, natural gas, and renewable energy sources, including nuclear, hydro, solar, wind, and other alternative energy sources. It is scheduled to announce its fiscal Q3 earnings for 2025 before the market opens on Wednesday, Oct. 29.
Ahead of this event, analysts expect this utility company to report a profit of $1.80 per share, down 2.7% from $1.85 per share in the year-ago quarter. The company has a solid trajectory of consistently beating and meeting Wall Street’s earnings estimates in each of the last four quarters. In Q2, AEP’s EPS of $1.43 exceeded the forecasted figure by a notable margin of 11.7%.
