American Electric Power reported second-quarter 2026 operating earnings of $1.36 per share on revenue of $5.45 billion, compared to $1.43 per share on revenue of $5.09 billion in the same period last year. The company raised its full-year 2026 operating earnings guidance, citing strong performance and confidence in its outlook.
Key Highlights
- Raised full-year 2026 operating earnings guidance to a range of $6.25 to $6.55 per share, up from $6.15 to $6.45 per share previously.
- Expanded its contracted load growth pipeline through 2030 to 69 gigawatts (GW), adding an incremental 6 GW during the quarter, driven by data centers and hyperscalers.
- Secured a total of approximately 13 GW of gas-fired turbine capacity for potential deployment through 2031 to meet accelerating electricity demand.