AEP issues 2023 earnings range, capital plan details
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American Electric Power (NASDAQ:AEP) on Friday provided 2023 operating earnings forecast between $5.19 to $5.39 per share, while still expecting annual operating earnings growth of 6% to 7%.
The Seeking Alpha consensus for AEP's 2023 EPS is $5.31

AEP said it will invest nearly all its capital in regulated businesses as it de-risks and streamlines its portfolio.
The company's five-year, $40B capital investment plan allocates $26B to wires and $9B to regulated renewables.
Columbus, Ohio-based AEP reaffirmed 2022 operating earnings of $4.97 to $5.07 per share with an increased midpoint of $5.02.
"From 2023 through 2027, we're investing $15 billion to continue constructing modern, resilient transmission infrastructure that supports the evolving needs of our customers and a clean energy economy," President and CFO Julie Sloat said.
Sloat added that AEP will also focus on diversifying its generation portfolio to manage affordability for customers and curb the impact of volatile fuel prices.
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