American Electric's Q3 Earnings Miss Estimates, Revenues Increase Y/Y

By Zacks Equity Research | October 29, 2025, 10:28 AM

American Electric Power Company, Inc. AEP reported third-quarter 2025 operating earnings per share (EPS) of $1.80, which missed the Zacks Consensus Estimate of $1.81 by 0.6%. The bottom line declined 2.7% from $1.85 recorded in the year-ago quarter.

The company reported GAAP earnings of $1.82 per share compared with the year-ago quarter’s $1.80.

Total Revenues

AEP’s revenues of $6.01 billion rose 10.9% from the year-ago quarter’s level of $5.42 billion. The top line also beat the Zacks Consensus Estimate of $5.65 billion by 6.5%.

American Electric Power Company, Inc. Price, Consensus and EPS Surprise

American Electric Power Company, Inc. Price, Consensus and EPS Surprise

American Electric Power Company, Inc. price-consensus-eps-surprise-chart | American Electric Power Company, Inc. Quote

AEP’s Segmental Performance

Vertically Integrated Utility Operations: Operating earnings increased to $573.5 million from $572.4 million in the year-ago period.

Transmission & Distribution Utilities: Operating earnings totaled $259.1 million, up from $245.2 million in the year-ago quarter.

AEP Transmission Holdco: This segment generated operating earnings of $199.9 million, down from $214.7 million in the year-ago quarter.

Generation and Marketing: Operating earnings amounted to $48.4 million, down from $99.2 million in the year-ago quarter.

All Other: The segment reported an operating loss of $118 million, narrower than the year-ago reported loss of $146.1 million.

AEP’s 2025 Guidance

American Electric has reaffirmed its 2025 operating earnings guidance. It still expects to generate earnings in the band of $5.75-$5.95 per share. The Zacks Consensus Estimate for earnings is pegged at $5.90 per share, which lies above the midpoint of the company’s projected range.

AEP’s Zacks Rank

American Electric currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Upcoming Utility Releases

Xcel Energy Inc. XEL is slated to report its third-quarter 2025 results on Oct. 30, before market open.

The Zacks Consensus Estimate for third-quarter sales is pegged at $3.93 billion, which implies a 7.8% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at $1.31 per share.

AES Corporation AES is scheduled to report its third-quarter 2025 results on Nov. 4, after market close.

The Zacks Consensus Estimate for sales is pegged at $3.31 billion, which indicates a 0.7% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pinned at 78 cents per share.

Duke Energy DUK is scheduled to report its third-quarter 2025 results on Nov. 7, before market open.

The Zacks Consensus Estimate for sales is pegged at $8.42 billion, which indicates a 3.2% improvement from the year-ago quarter’s figure. The consensus estimate for earnings is pegged at $1.73 per share.

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Xcel Energy Inc. (XEL): Free Stock Analysis Report
 
Duke Energy Corporation (DUK): Free Stock Analysis Report
 
American Electric Power Company, Inc. (AEP): Free Stock Analysis Report
 
The AES Corporation (AES): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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