American Electric Power's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
American Electric Power (NASDAQ:AEP) is set to release its latest quarterly earnings report on November 2, 2023. Analysts estimate an earnings per share (EPS) of $1.71. The company's past performance shows a trend of beating EPS estimates, which has generally led to a slight increase in share price. However, the company's shares have seen a 15.53% decrease over the last 52-week period.
November 01, 2023 | 2:01 pm
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American Electric Power is expected to report an EPS of $1.71 in its upcoming earnings report. Despite past EPS beats, the company's shares have decreased by 15.53% over the past year.
The company's past performance shows a trend of beating EPS estimates, which has generally led to a slight increase in share price. However, the company's shares have seen a 15.53% decrease over the last 52-week period. This suggests that while the company's earnings performance is strong, other factors may be negatively impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100