AEP reports higher third-quarter earnings and expands five-year capital plan
Filed with the SEC on · Summarized by InvestorsBot
AEP reported third-quarter 2026 GAAP earnings of $1.187 billion, or $2.18 per share, and operating earnings of $1.216 billion, or $2.23 per share, up from $1.82 and $1.80 per share, respectively, a year earlier. The company expects 2026 operating earnings to reach at least the high end of its $6.25-$6.55 per-share range and announced a $100 billion capital plan through 2031, including $37 billion for transmission, $36 billion for generation and $22 billion for distribution, alongside a 9%-11% annual operating earnings growth target from 2027 through 2031.