American Electric Power (AEP) Set to Announce Q1 Earnings

Date:

Summary:

  • American Electric Power (AEP, Financial) to report Q1 earnings on May 6th; analysts expect a 10.2% increase in EPS.
  • Price targets suggest a modest 0.61% upside potential from current stock prices.
  • GF Value indicates a potential downside of 5.97% from the current price of $106.58.

American Electric Power (AEP) is on the brink of revealing its first-quarter earnings, with the announcement scheduled before market hours on May 6th. Analysts anticipate an EPS of $1.40, showcasing a robust 10.2% year-over-year surge, and forecast revenue to climb 3.6% to $5.18 billion. Historically, AEP has outperformed EPS predictions 50% of the time, yet only surpassed revenue expectations 13% of the time.

Wall Street Analysts Forecast

Fifteen analysts have provided one-year price targets for American Electric Power Co Inc (AEP, Financial), averaging a target price of $107.23. This includes a high estimate of $117.00 and a low of $95.00, indicating…

Read more…

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Tampa RV giant Lazydays to delist from Nasdaq

Tampa-based Lazydays Holdings Inc., one of Florida’s most recognized...

Granite Geek: New Hampshire might get access to ‘balcony solar’

I had solar panels put on my roof six...

TSX Today: What to Watch for in Stocks on Monday, November 10

Despite firm gold and silver prices, Canadian stocks...

While BNB and DOT Struggle Under Market Pressure, BlockDAG’s Presale Soars Past $435M!

As market-wide fear grips the sector, the Binance Coin...