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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407 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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619 days ago
U.S. Consumer Sentiment Unexpectedly Drops To Seven-Month Low In June
The University of Michigan released preliminary data on Friday unexpectedly showing a continued deterioration in U.S. consumer sentiment in the month of June. The report said the consumer sentiment index fell to 65.6 in June after tumbling to 69.1 in May. Economists had expected the index to rebound to 72.0.
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4h 19min ago
U.S. Import Price Unexpectedly Decrease 0.4% In May
A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May. The Labor Department said import prices fell by 0.4 percent in May following a 0.9 percent advance in April. Economists had expected import prices to inch up by 0.1 percent.
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5h 8min ago
TriplePoint Venture Growth BDC CFO Christopher Mathieu Plans To Retire
TriplePoint Venture Growth BDC Corp. (TPVG) announced Friday that Christopher Mathieu plans to retire as the Chief Financial Officer, effective as of the close of business on August 9, 2024. He will continue to serve as an advisor through December 31, 2024 to provide a smooth transition.
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5h 45min ago
Bay Street Likely To Open On Subdued Note
Lower futures and weakness in European markets point to a subdued start for Canadian stocks Friday morning. However, firm metal prices could trigger some strong buying in the materials sector and help limit market's downside.
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5h 48min ago
U.S. Import, Export Prices Unexpectedly Decrease In May
A report released by the Labor Department on Friday showed unexpected decreases by U.S. import and export prices in the month of May.
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5h 55min ago
Home Depot Receives U.S. Antitrust Approval For SRS Acquisition
Home improvement retailer The Home Depot (HD) announced Friday the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, in connection with its pending acquisition of SRS Distribution Inc. The expiration of the waiting period occurred at 11:59 p.m. on June 13, 2024.
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6h 4min ago
