Summary
This 8-K filing from American Electric Power Company, Inc. (AEP) on August 15, 2005, primarily serves to inform investors about upcoming meetings with management on August 15 and 16, 2005. During these meetings, AEP will reaffirm its previously issued guidance for ongoing earnings per share (EPS) of $2.30 to $2.50 for the 2005 fiscal year. The company emphasizes that it uses "ongoing earnings" (GAAP earnings adjusted for certain items) as its primary performance metric for communicating its financial outlook to analysts and investors, and for internal performance measurement.
Key Highlights
- 1AEP reaffirms its 2005 fiscal year ongoing earnings per share guidance of $2.30 to $2.50.
- 2The reaffirmation of guidance occurred during investor meetings held on August 15-16, 2005.
- 3AEP utilizes "ongoing earnings" as its key performance metric for external communications with investors and analysts.
- 4The company also uses "ongoing earnings" for internal performance measurement and reporting to the board.
- 5The filing includes standard forward-looking statement disclaimers, outlining potential risks and uncertainties that could affect actual results.