American Electric Power lifts 2026 guidance to $6.25-$6.55; Q2 GAAP EPS falls to $1.31
American Electric Power reported second-quarter 2026 revenue of $5,445 million, up from $5,087 million a year earlier, but operating earnings fell to $742 million, or $1.36 per share, from $766 million, or $1.43 per share. The company raised its full-year 2026 operating earnings guidance to $6.25 to $6.55 per share from $6.15 to $6.45, which is a positive signal for shareholders even as quarterly profit declined.
Key points
- Q2 2026 GAAP earnings were $713 million, or $1.31 per share, versus $1,226 million, or $2.29 per share, in Q2 2025
- Q2 2026 operating earnings were $742 million, or $1.36 per share, versus $766 million, or $1.43 per share, a year earlier; the company cited the 2025 transmission minority interest sale and timing of tax-related items
- 2026 operating EPS guidance raised to $6.25 to $6.55 from $6.15 to $6.45; estimated GAAP EPS guidance is $6.16 to $6.46
- Company reaffirmed 7% to 9% annual operating earnings growth through 2030, supported by a five-year, $78 billion capital plan
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 July 30, 2026.
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.