RTTNews | Feb 25, 2021 07:30AM EST

07:29 Thursday, February 25, 2021 (RTTNews.com) - American Electric Power Co Inc (AEP) reported earnings for its fourth quarter that climbed from the same period last year.

The company's bottom line came in at $435.5 million, or $0.88 per share. This compares with $153.5 million, or $0.31 per share, in last year's fourth quarter.

Excluding items, American Electric Power Co Inc reported adjusted earnings of $432.7 million or $0.87 per share for the period.

Analysts had expected the company to earn $0.79 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $3.6 billion

American Electric Power Co Inc earnings at a glance:

-Earnings (Q4): $432.7 Mln. vs. $294.1 Mln. last year.-EPS (Q4): $0.87 vs. $0.60 last year.-Analysts Estimate: $0.79-Revenue (Q4): $3.6 Bln vs. $3.6 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3172869/american-electric-power-co-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved