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American Electric Power Company, Inc. (NASDAQ:AEP) Q4 2025 Earnings Call Transcript
American Electric Power (NASDAQ:AEP) reported strong Q4 2025 earnings of $1.19 per share, exceeding expectations and contributing to a full-year operating earnings of $5.97 per share, above their guidance. The company reaffirmed its 2026 full-year operating earnings guidance and a long-term earnings growth rate of 7-9% through 2030, driven by significant load growth and a robust $72 billion five-year capital plan. AEP has doubled its incremental contracted load outlook to 56 gigawatts, primarily due to increased data center and industrial demand in key service territories, and is actively working on regulatory reforms and infrastructure investments to manage this growth.