AEP reports Q3 earnings beat, raises 2026 guidance, and unveils $100B capital plan through 2031.

American Electric Power (AEP) reported strong third-quarter 2026 results with GAAP earnings per share of $2.18 and operating earnings per share of $2.23, up from the previous year. The company raised its full-year 2026 operating earnings guidance to the high end of $6.25 to $6.55 per share and announced an ambitious $100 billion capital investment plan through 2031. This plan supports a 13%+ annual growth in rate base and targets 9% to 11% annual operating earnings growth from 2027 to 2031, driven by accelerating electricity demand and large customer contracts. AEP's strategy aims to balance infrastructure investment with customer affordability, leveraging fixed cost offsets from large load contracts to benefit residential customers.

As of Oct 28, 2026 18:03 WIB, American Electric Power (AEP) shares trade at USD 128.19 on Pluang, down 1.62% for the day. The company holds a market cap of $70.93 billion and offers a dividend yield of 2.98%. This pricing comes as AEP announces a $100 billion capital plan and raises its growth outlook, highlighting its significant role in the utilities sector.