American Electric Power Co Inc Reports 6% Gain In Q3 Bottom Line

(RTTNews) - American Electric Power Co Inc (AEP) reported earnings for its third quarter that increased compared to the same period last year.

The company said its bottom line advanced to $521 million, or $1.06 per share. This was up from $493 million, or $1.01 per share, in last year's third quarter.

Analysts had expected the company to earn $1.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.8% to $4.4 billion. This was up from $4.2 billion last year.

American Electric Power Co Inc earnings at a glance:

-Earnings (Q3): $521 Mln. vs. $493 Mln. last year. -Earnings Growth (Y-o-Y): 5.7% -EPS (Q3): $1.06 vs. $1.01 last year. -EPS Growth (Y-o-Y): 5.0% -Analysts Estimate: $1.01 -Revenue (Q3): $4.4 Bln vs. $4.2 Bln last year. -Revenue Change (Y-o-Y): 4.8%

-Guidance: Full year EPS guidance: $3.67 - $3.77