American Electric Power Q3 2024 Earnings Report 6-8% Growth

American Electric Power reported third-quarter 2024 operating earnings of $1.85 per share and announced a new long-term growth rate of 6-8% backed by 2025 guidance of $5.75-$5.95 per share. The company expanded its five-year capital plan to $54 billion to support grid reliability and meet unprecedented commercial load growth, with 20 GW of customer contracts secured through decade-end.