American Electric Power (NYSE: AEP ) is expected to report Q1 earnings around April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict American Electric Power's revenues will expand 5.6% and EPS will shrink 0.0%.
The average estimate for revenue is $3.80 billion. On the bottom line, the average EPS estimate is $0.80.
Last quarter, American Electric Power reported revenue of $3.60 billion. GAAP reported sales were 4.9% higher than the prior-year quarter's $3.44 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.50. GAAP EPS of $0.04 for Q4 were 94% lower than the prior-year quarter's $0.64 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 33.2%, 460 basis points better than the prior-year quarter. Operating margin was 15.8%, 440 basis points better than the prior-year quarter. Net margin was 0.6%, 830 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $15.78 billion. The average EPS estimate is $3.16.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American Electric Power is outperform, with an average price target of $45.72.
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