Benzinga | Oct 22, 2020 06:58AM EDT

American Electric Power Q3 Adj. EPS $1.47 Beats $1.45 Estimate, Sales $4.10B Miss $4.41B Estimate

American Electric Power (NYSE:AEP) reported quarterly earnings of $1.47 per share which beat the analyst consensus estimate of $1.45 by 1.38 percent. This is a 0.68 percent increase over earnings of $1.46 per share from the same period last year. The company reported quarterly sales of $4.10 billion which missed the analyst consensus estimate of $4.41 billion by 7.03 percent. This is a 4.65 percent decrease over sales of $4.30 billion the same period last year.