Reports Q2 revenue $4.4B, consensus $4.76B. “AEP is committed to creating value for all our stakeholders as we invest $40 billion over the next five years in our energy delivery system and new generation resources. We made significant progress on our strategic objectives in the second quarter, executing on our regulated renewables and grid investment plans to benefit customers while working to keep rates affordable and supporting economic growth in our communities,” said Julie Sloat, AEP president and chief executive officer.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on AEP:
- AEP REPORTS SECOND-QUARTER 2023 EARNINGS; REAFFIRMS 2023 GUIDANCE
- American Electric Power Company, Inc. (AEP) Q2 Earnings Cheat Sheet
- AEP DECLARES QUARTERLY DIVIDEND ON COMMON STOCK
- American Electric price target lowered to $96 from $105 at Guggenheim
- American Electric price target lowered to $93 from $94 at Mizuho