American Electric Power Company (NASDAQ:AEP) Full Year 2024 Results

Key Financial Results

• Revenue: US$19.7b (up 3.9% from FY 2023).
• Net income: US$2.97b (up 34% from FY 2023).
• Profit margin: 15% (up from 12% in FY 2023).
• EPS: US$5.60 (up from US$4.26 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

American Electric Power Company Revenues Disappoint

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Electric Utilities industry in the US.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - American Electric Power Company has 2 warning signs (and 1 which is a bit concerning) we think you should know about.

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