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American Electric Power Reaffirms 2024 Adjusted Operating Earnings Guidance Of $5.53 -5.73 Per Share Vs. $5.59 Consensus

Author: Benzinga Newsdesk | April 30, 2024 07:17am

EARNINGS GUIDANCE

AEP management reaffirms its 2024 operating earnings guidance range to $5.53 to $5.73 per share. Operating earnings could differ from GAAP earnings for matters such as impairments, divestitures or changes in accounting principles. AEP management is not able to forecast if any of these items will occur or any amounts that may be reported for future periods. Therefore, AEP is not able to provide a corresponding GAAP equivalent for 2024 earnings guidance.

Reflecting special items recorded through the first quarter, the estimated earnings per share on a GAAP basis would be $6.17 to $6.37 per share. See the table below for a full reconciliation of 2024 earnings guidance.

Posted In: AEP

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