Compared to Estimates, AEP (AEP) Q4 Earnings: A Look at Key Metrics

By Zacks Equity Research | February 12, 2026, 9:30 AM

For the quarter ended December 2025, American Electric Power (AEP) reported revenue of $5.31 billion, up 13.2% over the same period last year. EPS came in at $1.19, compared to $1.24 in the year-ago quarter.

The reported revenue represents a surprise of +1.55% over the Zacks Consensus Estimate of $5.23 billion. With the consensus EPS estimate being $1.15, the EPS surprise was +3.66%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how AEP performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Operating Earnings (non-GAAP)- Vertically Integrated Utilities: $293 million compared to the $355.86 million average estimate based on two analysts.
  • Operating Earnings (non-GAAP)- Transmission & Distribution Utilities: $185 million versus $182.61 million estimated by two analysts on average.
  • Operating Earnings (non-GAAP)- Corporate and Other: $-74 million compared to the $-116.92 million average estimate based on two analysts.
  • Operating Earnings (non-GAAP)- Generation & Marketing: $86 million versus $9.93 million estimated by two analysts on average.
  • Operating Earnings (non-GAAP)- AEP Transmission Holdco: $148 million versus $181.05 million estimated by two analysts on average.

View all Key Company Metrics for AEP here>>>

Shares of AEP have returned +3.5% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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American Electric Power Company, Inc. (AEP): Free Stock Analysis Report

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

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