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American Electric Power's Q3 Non-GAAP Earnings, Revenue Rise; Narrows 2024 Earnings Guidance
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American Electric Power's Q3 Non-GAAP Earnings, Revenue Rise; Narrows 2024 Earnings Guidance
Nov 9, 2024 11:16 AM

07:33 AM EST, 11/06/2024 (MT Newswires) -- American Electric Power ( AEP ) reported Q3 non-GAAP earnings Wednesday of $1.85 per diluted share, up from $1.77 a year earlier.

Analysts polled by Capital IQ expected $1.80.

Revenue for the quarter ended Sept. 30 was $5.4 billion, compared with $5.3 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.44 billion.

The company narrowed its 2024 non-GAAP earnings guidance to $5.58 to $5.68 per diluted share from $5.53 to $5.73. Analysts surveyed by Capital IQ expect $5.63.

Price: 99.54, Change: -0.86, Percent Change: -0.86

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