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American Electric (AEP) Posts In-Line Q4 Earnings, Sales Miss
American Electric Power Co., Inc. (AEP - Free Report) reported fourth-quarter 2018 operating earnings per share (EPS) of 72 cents, in line with the Zacks Consensus Estimate.
The bottom line declined 15.3% from 85 cents per share in the year-ago quarter.
For 2018, American Electric’s earnings were $3.95 per share, up from $3.68 in the year-ago period. The full-year earnings figure also came in line with the Zacks Consensus Estimate of $3.95.
Total Revenues
American Electric’s fourth-quarter revenues of $3.8 billion were in line with the top line figure in the year-ago quarter. The reported figure however missed the Zacks Consensus Estimate of $3.96 billion by 4.2%.
In 2018, total revenues increased 5% year over year from $15.43 billion to $16.20 billion. Revenues also surpassed the Zacks Consensus Estimate of $15.81 billion by 2.46%.
![[Bild: AEPc1dl1555.png]](https://finviz.com/publish/012419/AEPc1dl1555.png)
American Electric Power Co., Inc. (AEP - Free Report) reported fourth-quarter 2018 operating earnings per share (EPS) of 72 cents, in line with the Zacks Consensus Estimate.
The bottom line declined 15.3% from 85 cents per share in the year-ago quarter.
For 2018, American Electric’s earnings were $3.95 per share, up from $3.68 in the year-ago period. The full-year earnings figure also came in line with the Zacks Consensus Estimate of $3.95.
Total Revenues
American Electric’s fourth-quarter revenues of $3.8 billion were in line with the top line figure in the year-ago quarter. The reported figure however missed the Zacks Consensus Estimate of $3.96 billion by 4.2%.
In 2018, total revenues increased 5% year over year from $15.43 billion to $16.20 billion. Revenues also surpassed the Zacks Consensus Estimate of $15.81 billion by 2.46%.
