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American Electric (AEP) Guides FY12 EPS In-Line

February 10, 2012 7:34 AM EST
AEP Hot Sheet
EPS Growth %: -2.4%

Financial Fact:
Sales to AEP Affiliates: 64.3M

Today's EPS Names:
TARO, BRLI, TLB, More
American Electric Power (NYSE: AEP) will share 2012 to 2014 plans, including 2012 ongoing earnings guidance (earnings excluding special items) and expected capital spend, during a meeting today with investors in New York.

The company is expected to announce an ongoing earnings guidance range for 2012 of $3.05 to $3.25 per share and set its 2012 capital budget at $3.1 billion. Capital expenditures for 2013 and 2014 are estimated at $3.5 billion to $3.7 billion per year.

The Street sees FY12 EPS of $3.17.


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