American Electric Power Earnings beat, Revenue misses In Q4 By Investing.com

American Electric Power (NASDAQ:AEP) reported on Thursday fourth quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.

American Electric Power announced earnings per share of $0.87 on revenue of $3.6B. Analysts polled by Investing.com anticipated EPS of $0.7827 on revenue of $3.94B.

American Electric Power shares are down 7% from the beginning of the year and are trading at $77.10 , down-from-52-week-high.They are under-performing the Nasdaq 100 which is up 3.21% from the start of the year.

American Electric Power follows other major Utilities sector earnings this month

American Electric Power’s report follows an earnings missed by Enbridge on February 12, who reported EPS of $0.4407 on revenue of $7.41B, compared to forecasts EPS of $0.4644 on revenue of $9.63B.

Duke Energy had matched expectations on February 11 with fourth quarter EPS of $1.03 on revenue of $5.78B, compared to forecast for EPS of $1.03 on revenue of $6.72B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar