American Electric Power Reaffirms FY24 Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Tuesday, electric utility American Electric Power Co., Inc. (AEP) reaffirmed its fiscal 2024 operating earnings guidance in the range of $5.53 to $5.73 per share, with long-term growth rate of 6 to 7 percent.
On average, 19 analysts polled by Thomson Reuters expect the company to report earnings of $5.59 per share for the year. Analysts' estimates usually exclude special items.
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American Electric Power Reaffirms FY23 Outlook - Update
While reporting financial results for the first quarter on Thursday, electric utility American Electric Power Co., Inc. (AEP) reaffirmed its fiscal 2023 operating earnings guidance in the range of $5.19 to $5.39 per share, with long-term growth rate of 6 to 7 percent.
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American Electric Power Boosts FY22 Adj. EPS Outlook
Ahead of its analysts meeting in New York City later on Tuesday, electric utility American Electric Power Co., Inc. (AEP) raised its fiscal 2022 operating earnings guidance to a range of $4.97 to $5.07 from the prior forecast range of $4.87 to $5.07 per share.
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FTSE 100 Gains Despite Inflation Uptick
Cooling geopolitics helped FTSE 100 overcome the pain of hotter-than-expected inflation to rise above the flatline and track gains across other European markets.
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CAC 40 In The Green As War Clouds Fade
The CAC 40 index that tracks the 40 largest French stocks based on the Euronext Paris is trading in green territory as geopolitical concerns surrounding the Russia-Ukraine conflict eased.
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Bay Street May Open On Mixed Note
It's likely to be a mixed start for the Canadian market Wednesday morning, with investors tracking global stocks and following the developments on the geopolitical front.
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Pound Rises As U.K. Inflation Accelerates More Than Forecast
The British pound strengthened against other major currencies in the European session on Wednesday, after U.K. consumer price inflation accelerated more than expected in October, lowering the chances of a rate cut at the upcoming monetary policy meeting in December.
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DAX Rises As War Fears Ease
The DAX benchmark that tracks the performance of the 40 largest companies listed on the Frankfurt Stock Exchange rose on Wednesday, amidst an easing in the tensions between Ukraine and Russia.
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European Stocks Modestly Higher In Cautious Trade
European stocks are up in positive territory on Wednesday, recovering a bit after posting sharp losses in the previous session. Despite persisting concerns about Russia - Ukraine conflict, investors are picking up stocks, focusing on earnings and other corporate news, in addition to assessing the regional economic outlook.
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