AEP: Q2 Earnings Snapshot

COLUMBUS, Ohio (AP) _ American Electric Power Co. (AEP) on Thursday reported second-quarter net income of $578.2 million.

On a per-share basis, the Columbus, Ohio-based company said it had profit of $1.16. Earnings, adjusted for non-recurring costs, were $1.18 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

The utility posted revenue of $3.83 billion in the period.

AEP expects full-year earnings in the range of $4.55 to $4.75 per share.

AEP shares have climbed roughly 2% since the beginning of the year, while the S&P's 500 index has increased 16%. The stock has fallen 3% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AEP at