American Electric Power lowers FY2026 GAAP EPS guidance, expands capital plan to $100B

American Electric Power lowered its FY2026 GAAP EPS guidance from $6.16-$6.46 to $6.11-$6.41, versus the $6.40 estimate, and reported Q3 GAAP earnings of $1.187B ($2.18/share) and operating earnings of $1.216B ($2.23/share), beating expectations. The company also announced an expanded $100B five-year capital plan through 2031 supporting 13%+ rate base CAGR.

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