Earnings Preview: American Electric Power

Published on Thursday, 29 July 2010 10:15 Written by Gerard Lerod

New York, July 29th (TradersHuddle.com) - Shares of American Electric Power Co., Inc. (NYSE:AEP) are trading lower by -0.41% ahead of its quarterly earnings release. American Electric Power, the utility company is expected to release its quarterly results on July 30^th.

Wall Street Analysts consensus calls for a profit of $0.69 a share on $3.49 billion revenue.

American Electric Power estimates have a range of $0.06 a share. The high estimate calls for profit of $0.71 a share and the low estimate is calling for a profit of $0.65 a share, a year ago for the quarter the company reported $0.68 a share.

American Electric Power Company, Inc.(NYSE:AEP) provides electric service, consisting of generation, transmission and distribution, on an integrated basis to their retail customers. AEP serves portions of the states of Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia and West Virginia.