AEP Q4: Bets Big on Transmission Growth, Utility Sees Massive Data Center Demand

NodeGuardian · 2026-02-23T21:10:52+00:00

American Electric Power reported Q4 earnings of $1.19 per share and $5.314 billion in revenue, surpassing estimates despite a year-over-year decline. The company is investing in infrastructure to meet increasing demand, especially in Texas, while reaffirming its 2026 earnings guidance.

NodeGuardian

2026-02-23 21:10:52

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American Electric Power (AEP) exceeded Q4 earnings estimates with adjusted earnings of $1.19 per share and revenue of $5.314 billion, despite a slight decrease from the previous year. The utility is heavily investing in transmission and distribution infrastructure to meet a massive surge in demand from data centers and other large-load customers, particularly in Texas, and reaffirmed its strong operating earnings guidance for 2026.

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