The third quarter financial results of American Electric Power Company (NASDAQ: AEP) will be revealed on Wednesday 6th November 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.
Wall Street financial analysts are foreseeing that the business is likely to announce an estimated per share $1.80 profit for the quarter. Furthermore, it is anticipated that the company will disclose a total revenue of $5.43 billion during the quarter.
Wall street analysts expect the company to generate a total revenue of $20.32 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $5.62 per share for the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $1.77 per share. This number was attributed to the company's total revenue, which settled at an impressive $5.3 billion during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.25 | +10.6% | 4.60 B | +4.5% |
| Q1 2024 | $1.27 | +14.4% | 5.00 B | +6.4% |
| Q4 2023 | $1.23 | +17.1% | 4.60 B | -6.1% |
| Q3 2023 | $1.77 | +9.3% | 5.30 B | -3.6% |
| Q2 2023 | $1.13 | -5.8% | 4.40 B | -4.3% |
| *Growth on year-over-year basis | ||||
AEP has scheduled a conference call on 6th November 2024 at 09:00 AM eastern time to discuss the third quarter financial results and other related information.
American Electric Power Company (AEP) closed Friday's regular trading session at $97.25, marking a 1.52 percent fall. During the day, AEP shares traded between $97.07 and $99.23, with a day volume of 2.83 million shares.
