AEP Q3 operating EPS fell to $1.80 from $1.85; sets 7-9% long-term growth rate
American Electric Power reported third-quarter 2025 results on October 29, 2025, with revenue of $6.01 billion, up from $5.42 billion a year earlier. GAAP earnings were $972 million ($1.82 per share), while operating earnings were $963 million ($1.80 per share), down from $1.85 per share in the third quarter of 2024. The company reaffirmed its 2025 operating earnings guidance of $5.75 to $5.95 per share, now expecting the upper half of that range, and announced a new 7-9% long-term operating earnings growth rate backed by a $72 billion five-year capital plan.
Key points
- Third-quarter revenue rose to $6.01 billion from $5.42 billion; GAAP EPS was $1.82 versus $1.80 a year earlier.
- Operating EPS was $1.80 versus $1.85 in third-quarter 2024, a decline of $0.05 per share.
- 2025 operating EPS guidance of $5.75 to $5.95 was reaffirmed, with results expected in the upper half of the range.
- The five-year capital plan totals $72 billion, with rate base expected to reach $128 billion by 2030; 2026 operating EPS guidance is $6.15 to $6.45.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.