RTTNews | Jul 22, 2021 07:03AM EDT

07:02 Thursday, July 22, 2021 (RTTNews.com) - American Electric Power Co Inc (AEP) announced a profit for its second quarter that climbed from last year.

The company's profit came in at $578.2 million, or $1.16 per share. This compares with $520.8 million, or $1.05 per share, in last year's second quarter.

Excluding items, American Electric Power Co Inc reported adjusted earnings of $589.5 million or $1.18 per share for the period.

Analysts had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.6% to $3.8 billion from $3.5 billion last year.

American Electric Power Co Inc earnings at a glance:

-Earnings (Q2): $589.5 Mln. vs. $533.5 Mln. last year.-EPS (Q2): $1.18 vs. $1.08 last year.-Analysts Estimate: $1.13-Revenue (Q2): $3.8 Bln vs. $3.5 Bln last year.

-Guidance:Full year EPS guidance: $4.55 to $4.75

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