American Electric Power Raises FY2026 Guidance After Q2 EPS Miss
American Electric Power raised full-year fiscal 2026 adjusted earnings guidance to $6.25 to $6.55 per share after a Q2 EPS miss, citing strong demand from AI-focused hyperscalers. The utility also said it secured about $5 billion in DOE loans to support transmission investment, including a $3.3 billion AEP Texas award for nearly 100 projects and nearly $1 billion in projected customer savings, while adding 3 GW of gas-fired capacity.