American Electric Power Q2 Adj. EPS $1.36 Misses $1.50 Estimate, Sales $5.445B Beat $5.341B Estimate
American Electric Power (NASDAQ:AEP) reported quarterly earnings of $1.36 per share which missed the analyst consensus estimate of $1.50 by 9.33 percent. This is a 4.9 percent decrease over earnings of $1.43 per share
American Electric Power made less profit per share than experts expected, even though they sold more stuff than people thought they would. When a company doesn't hit its profit target, people watch to see if it fixes the problem next time.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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