RTTNews | Feb 25, 2021 07:08AM EST

07:07 Thursday, February 25, 2021 (RTTNews.com) - American Electric Power (AEP) raised its 2021 operating earnings guidance range to $4.55 to $4.75 per share. The company said it is committed to long-term growth rate of 5% to 7% from the revised guidance.

Operating earnings for fourth-quarter was $0.87 per share, compared to $0.60, a year ago. On average, 15 analysts polled by Thomson Reuters expected the company to report profit per share of $0.79, for the quarter. Analysts' estimates typically exclude special items.

Fourth quarter revenue was $3.6 billion, flat with prior year. Analysts expected revenue of $3.95 billion, for the quarter.

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