The American Electric Power Co Inc (AEP) has performed strongly in Q4, with an Earnings Per Share (EPS) of $1.25 that surpassed estimates. While the reported revenue ($4.70 Billion) fell a bit short of the anticipated figure. Diverse organizations like W.H. Cornerstone Investments and Fortress Financial Solutions have increased their holdings in AEP. Data center demand seems to be driving growth, helped by a decrease in fear around DeepSeek. Some institutions, including Cambiar Investors and Certuity have taken positions in AEP.
The company's full-year earnings were somewhat disappointing in terms of revenue. However, there is positive sentiment around 2025 earning guidance. Several other companies, including Avidian Wealth Enterprises and Principle Wealth Partners, have increased their stake in AEP.
There has been a noted decrease in short interest in AEP stock. The company also was named one of America's Most JUST Companies for the fifth year running. Future plans include a capital plan of $54B which supports a 6%-8% long-term earnings growth.
The company has found revenue and profit growth in line with expectations. Additionally, the potential for increased investment due to data center growth is being explored.
American Electric Power Company AEP News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Sat, 15 Feb 2025 21:58:03 GMT - Rating 1 - Innovation 7 - Information 5 - Rumor -5
