American Electric Power Reports 2Q 2023 Earnings
July 28, 2023
July 28, 2023
COLUMBUS, Ohio, July 28 (TNSres) -- American Electric Power Corp. issued the following news release on July 27, 2023:
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* Second-quarter 2023 GAAP earnings of $1.01 per share; operating earnings of $1.13 per share
* 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
* Sale process announced for two non-core transmission joint ventu . . .
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* Second-quarter 2023 GAAP earnings of $1.01 per share; operating earnings of $1.13 per share
* 2023 operating earnings (non-GAAP) guidance range reaffirmed at $5.19 to $5.39 per share with long-term growth rate of 6% to 7% and FFO/Debt target of 14% to 15%
* Sale process announced for two non-core transmission joint ventu . . .