American Electric (AEP) Reports Q3 Ongoing EPS of $1.15; Cuts FY10 Guidance

October 19, 2010 6:59 AM EDT
American Electric (NYSE: AEP) reports Q3 ongoing EPS of $1.15, 12 cents better than the analyst estimate of $1.03. Revenue for the quarter was $4.1 billion, which compares to the estimate of $4.30 billion.

Lowers its FY10 EPS from $2.80-$3.20 to $2.95-$3.05, which compares to the Street estimate of $3.03.


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Earnings, Guidance