American Electric Power 2022 Earnings Guidance and 2021 Results

American Electric Power reported strong 2021 earnings of $4.97 per share (operating: $4.74) and raised 2022 guidance to $4.87-$5.07 per share. The company increased long-term growth rate to 6-7% and initiated a sale process for unregulated businesses while shifting $1.5 billion in capital to transmission infrastructure investments.