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Home/News Feed/American Electric Power beats earnings and revenue estimates, raises capital plan to $78B.
AEP
$135.37
-$3.14 -2.27%

American Electric Power beats earnings and revenue estimates, raises capital plan to $78B.

Company Fundamentals
05 May 2026
Lekha Gupta
View Source
Bullish
pluang ai news

American Electric Power (AEP) reported adjusted earnings of $1.64 per share, surpassing the expected $1.57, and revenue of $6.02 billion, above the $5.68 billion forecast. Key segments like Vertically Integrated Utilities and Transmission & Distribution Utilities showed strong operating earnings growth. The company signed 7 GW of new load agreements, mainly in Ohio and Texas, boosting expected incremental load growth to 63 GW by 2030. AEP raised its five-year capital plan to $78 billion, driven by transmission investments and new gas-fired generation projects, aiming for over 9% earnings CAGR through 2030 while keeping residential power affordable. The stock hit a 52-week high following the positive results.

More News (AEP)

American Electric Power set for 7-9% earnings growth on rising data center power demand and $78B capital plan.

American Electric Power set for 7-9% earnings growth on rising data center power demand and $78B capital plan.

American Electric Power (AEP) is expected to benefit from increasing electricity demand driven by data centers, supported by strong contracted load growth. The company projects 7-9% earnings growth backed by a $78 billion capital plan over five years...

Analyst Insights
Bullish
3 days ago
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