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American Electric Power Company, Inc. (NASDAQ:AEP) defied analyst predictions to release its first-quarter results, which were ahead of market expectations. Results were good overall, with revenues beating analyst predictions by 5.4% to hit US$5.5b. Statutory earnings per share (EPS) came in at US$1.50, some 8.1% above whatthe analysts had expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on American Electric Power Company after the latest results.
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Following the latest results, American Electric Power Company's 15 analysts are now forecasting revenues of US$21.0b in 2025. This would be an okay 4.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to grow 13% to US$5.87. In the lead-up to this report, the analysts had been modelling revenues of US$21.3b and earnings per share (EPS) of US$5.88 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
View our latest analysis for American Electric Power Company
There were no changes to revenue or earnings estimates or the price target of US$109, suggesting that the company has met expectations in its recent result. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on American Electric Power Company, with the most bullish analyst valuing it at US$120 and the most bearish at US$95.00 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of American Electric Power Company'shistorical trends, as the 5.3% annualised revenue growth to the end of 2025 is roughly in line with the 6.6% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 4.7% per year. It's clear that while American Electric Power Company's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.