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News Watch
American Electric Power Reports 3Q Results - 12/11/2008 2:22:29 AM

Friday, American Electric Power (NYSE:AEP) reported financial results for its third-quarter, ended September 30, 2008. Earnings for the quarter, prepared in accordance with Generally Accepted Accounting Principles, were $374 million, or 93 cents per share, compared with $407 million, or $1.02 per share in the company's third-quarter 2007. The company reported preliminary, unaudited revenues for the quarter of $4.2 billion, compared with $3.8 billion in the same period last year. AEP revised its ongoing earnings guidance range for 2008 to between $3.15 and $3.25 per share, from the previous range of $3.10 to $3.30 per share.


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