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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624 days ago
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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836 days ago
U.S. Housing Starts Spike Much More Than Expected In December
A report released by the Commerce Department on Friday showed new residential construction in the U.S. skyrocketed by much more than anticipated in the month of December.
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5h 25min ago
UK Retail Sales Drop Unexpectedly On Weak Food Store Sales
UK retail sales declined unexpectedly in December despite the festive season as food sales logged its worst performance since 2013, data from the Office for National Statistics showed Friday. Retail sales volume decreased 0.3 percent on a monthly basis in December, in contrast to the revised 0.1 percent gain in November. The decline confounded expectations for an increase of 0.4 percent.
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6h 5min ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Friday.
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8h 32min ago
Sensex, Nifty Snap Three-day Winning Streak
Indian shares ended lower on Friday as earnings concerns and U.S. tariff uncertainty overshadowed renewed hopes of Fed rate cuts.
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8h 46min ago
Malaysia Economy Logs Slower Growth
Malaysia's economy logged a softer growth in the fourth quarter as expansions in manufacturing and construction weakened but the overall growth for 2024 came within the government forecast. Gross domestic product climbed 4.8 percent from a year ago in the fourth quarter, advance estimates from the Department of Statistics showed on Friday. But this was weaker than the 5.3 percent expansion.
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9h 29min ago
European Shares Extend Gains On Rate Cut Bets
European stocks extended gains on Friday, after having hit their highest level in a month the previous day on the back of strong results from Cartier owner Richemont and renewed rate-cut hopes.
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9h 35min ago
