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American Electric Power — Jul 30, 2026 release

Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000004904-26-000055
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Estimated GAAP EPS
“$6.16 to $6.46”
Period
FY2026
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 15
Operating earnings for FY2026
“$6.25 to $6.55 per share”
Expected cost offsets from load growth
“up to $16 billion”
Expected customer savings from federal loan …
“$1.4 billion”
New load additions (contracted load growth) for FY2030
“69 gigawatts (GW)”
Annual operating earnings growth rate for the long term
“7% to 9%”
Operating earnings CAGR for the long term
“greater than 9%”
Operating earnings compound annual growth ra… for the long term
“greater than 9%”
Capital investment plan for the long term
“$78 billion”
Five-year capital plan for the long term
“$78 billion”
Incremental capital investments (line of sig…
“more than $10 billion”
Expected savings in interest costs from DOE …
“$685 million”
Projected customer savings through lower int…
“nearly $1 billion”
Additional turbine capacity under evaluation for FY2035
“up to 10 GW”
Estimated GAAP EPS for FY2026
“$6.16 to $6.46”
Estimated earnings per share on a GAAP basis
“$6.16 to $6.46 per share”
Exhibit 99.1 · the passage around this item
… earlier in the release
Therefore, AEP is not able to provide a corresponding GAAP equivalent for earnings guidance at this time. Reflecting certain items recorded through the second quarter, the estimated earnings per share on a GAAP basis would be $6.16 to $6.46 per share. See the table below for a full reconciliation of 2026 earnings guidance. 2026 EPS Guidance Reconciliation Estimated GAAP EPS Guidance $6.16 to $6.46 Mark-to-Market Impact of Commodity Hedging Activities 0.03 Impact of WVPSC Order (0.07) Pirkey Plant Partial Disallowance 0.06 Unified Tracker Mechanism Partial Disallowance 0.04 Wholesale Customer Contract Agreements 0.04 Income Tax Effect of Adjustments (0.01) Operating EPS Guidance $6.25 to $6.55 WEBCAST AEP’s quarterly discussion with financial analysts and investors will be broadcast live over the internet at 9 a.m. Eastern today at http://www.aep.com/webcasts. The webcast will include audio of the discussion and visuals of charts and graphics referred to by AEP management. The charts and graphics will be available for download at http://www.aep.com/webcasts. AEP reports its financial results in accordance with GAAP. AEP supplements its reporting of financial information with certain non-GAAP financial measures, such as operating earnings and operating earnings per share. The most comparable GAAP measure to operating earnings and operating earnings per share is GAAP earnings and GAAP earnings per share, respectively. T
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.