25.10.2018 13:06:41

American Electric Power Co Inc Bottom Line Advances In Q3

(RTTNews) - American Electric Power Co Inc (AEP) revealed earnings for its third quarter that increased from the same period last year.

The company's earnings totaled $577.6 million, or $1.17 per share. This compares with $544.7 million, or $1.11 per share, in last year's third quarter.

Analysts had expected the company to earn $1.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.9% to $4.3 billion from $4.1 billion last year.

American Electric Power Co Inc earnings at a glance:

-Earnings (Q3): $577.6 Mln. vs. $544.7 Mln. last year. -EPS (Q3): $1.17 vs. $1.11 last year. -Analysts Estimate: $1.21 -Revenue (Q3): $4.3 Bln vs. $4.1 Bln last year.

-Guidance: Full year EPS guidance: $3.82 - $3.92

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