Recap: American Electric Power Q2 Earnings

  American Electric Power (NASDAQ:AEP) reported its Q2 earnings results on Wednesday, July 27, 2022 at 06:57 AM. Here's what investors need to know about the announcement.

 

American Electric Power (NASDAQ:AEP) reported its Q2 earnings results on Wednesday, July 27, 2022 at 06:57 AM.

Here’s what investors need to know about the announcement.

Earnings

American Electric Power beat estimated earnings by 0.84%, reporting an EPS of $1.2 versus an estimate of $1.19.

Revenue was up $800.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 3.24% drop in the share price the next day.

Here’s a look at American Electric Power’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.19 0.93 1.46 1.13
EPS Actual 1.22 0.98 1.43 1.18
Revenue Estimate 4.56B 3.73B 4.36B 3.88B
Revenue Actual 4.60B 4.10B 4.60B 3.80B

To track all earnings releases for American Electric Power visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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