American Electric Power raises full-year 2026 operating earnings forecast after Q2 results beat expectations.
American Electric Power (AEP) increased its 2026 operating earnings per share guidance to a range of $6.25 to $6.55, up from previous targets. The company reported Q2 2026 operating earnings of $1.36 per share, or $742 million, reflecting stronger-than-expected performance.
Contracted load rose to 69 GW, supporting the upward revision. Prior guidance and consensus estimates had not accounted for the recent growth in contracted capacity, which management cited as a key driver for the revised outlook.
The announcement follows a quarterly earnings call where CEO William Fehrman highlighted operational improvements and demand trends as contributors to the positive adjustment.