AEP Raises 2026 Earnings Guidance as Contracted Load Hits 69 GW
Columbus, Ohio – October 12, 2026 -- American Electric Power (Nasdaq: AEP) raised its full-year 2026 operating earnings guidance to $6.25 to $6.55 per share from $6.15 to $6.45, after signing an incremental 6 GW of load agreements in the second quarter and lifting contracted load growth through 2030 to 69 GW.
Second-quarter GAAP earnings fell to $713 million, or $1.31 per share, from $1,226 million, or $2.29 per share, a year earlier. Operating earnings were $742 million, or $1.36 per share, versus $766 million, or $1.43 per share, in the second quarter of 2025. CEO Bill Fehrman attributed the year-over-year decline to the 2025 transmission minority interest sale and the timing of tax-related items.