AEP
American Electric Power Company Inc.
American Electric Power Company Inc.
$AEP Reports Strong EPS of $1.41 in 1Q 2023 with Emphasis on Clean and Reliable Energy.
AEP's Q1 2023 EPS stood at $1.41 per share on 514 million shares, up from the $1.22 per share of the prior year, driven by cost management and enhanced service delivery. The sale of contracted renewables portfolios affected operating earnings, while AEP embarks on investing in cleaner and reliable energy systems for customers while simplifying its non-core business. The company's focus on sustainability, community engagement, and diversity, equity, and inclusion aligns with its goal to achieve net zero by 2045.
4mo ago
$AEP