American Electric Power Company, Inc. (AEP) posted impressive first-quarter earnings of $1.64 per share, significantly beating the Zacks Consensus Estimate of $1.55. With revenues of $6.02 billion, up 10.2% year-over-year, AEP attributed its growth to a surge in contracted load now projected at 63 gigawatts by 2030. Reflecting confidence in its financial future, Scotiabank raised its stock price target to $140, as AEP also announced a substantial increase in its five-year capital plan to $78 billion.
“American Electric Power Company, Inc. (NASDAQ:AEP) · is one of the · 15 Best Power Generation Stocks To Buy For Data Center Demand”
“Scotiabank · raised its price target on American Electric Power Company, Inc. (NASDAQ:AEP) to · $140 · from $131 previously”
“American Electric Power Company, Inc. (NASDAQ:AEP) · reported Q1 operating EPS of · $1.64 · above the $1.57 consensus estimate”
“American Electric Power Company, Inc. (NASDAQ:AEP) · reported revenue of · $5.46B · versus $5.72B expected”
“American Electric Power Company, Inc. (NASDAQ:AEP) · continues to expect FY26 operating EPS in the range of · $6.15 to $6.45 per share”
“American Electric Power Company, Inc. (NASDAQ:AEP) · generates, transmits, and distributes electricity to · retail and wholesale customers in the United States”
“American Electric Power Company, Inc. · reported · first-quarter results · higher revenue of US$6.02 billion and net income of US$874 million year over year”
“American Electric Power Company, Inc. · reaffirmed · 2026 operating EPS guidance · US$6.15–US$6.45”
“American Electric Power Company, Inc. · maintained · quarterly dividend · US$0.95 per share”
“American Electric Power Company, Inc. · highlighted · contracted data center demand · rapidly growing out to 2030”
“American Electric Power Company, Inc. · lifted · five-year capital plan · US$78.00 billion”
“American Electric Power Company · projects · revenue and earnings by 2029 · $27.2 billion revenue and $4.3 billion earnings”
