8-KRegulation FD

AMERICAN ELECTRIC POWER CO INC 8-K Report, Regulation FD Disclosure (Feb 17, 2006)

Filed February 17, 2006For Securities:AEP

Summary

This Form 8-K filing from American Electric Power Company, Inc. (AEP) on February 17, 2006, serves as a Regulation FD disclosure, announcing that management will be meeting with investors from February 20 to February 23, 2006. The primary focus of these meetings is to reaffirm the company's previously issued guidance for ongoing earnings per share for the fiscal year 2006, set at $2.50 to $2.70. AEP emphasizes its use of "ongoing earnings"—GAAP earnings adjusted for certain items—as a key performance metric for communicating with investors and analysts, and for internal performance measurement. While reaffirming guidance, the filing also includes a standard forward-looking statements disclaimer, outlining various factors that could materially impact actual results, including regulatory decisions, fuel costs, weather, and economic conditions.

Key Highlights

  • 1AEP management will conduct investor meetings from February 20-23, 2006.
  • 2The company will reaffirm its 2006 ongoing earnings per share guidance of $2.50 to $2.70.
  • 3Ongoing earnings (adjusted GAAP earnings) are highlighted as the primary performance metric for investor communication.
  • 4Presentation materials for the investor meetings will be available on AEP's website.
  • 5The filing includes a standard disclaimer about forward-looking statements and potential influencing factors.
  • 6Key risk factors mentioned include regulatory actions, fuel costs, weather, and economic conditions.

Frequently Asked Questions

The main purpose of this 8-K filing is to provide Regulation FD disclosure, informing investors that AEP management will be meeting with them and reaffirming the company's ongoing earnings guidance for fiscal year 2006.

AEP is reaffirming its prior guidance for ongoing earnings per share for the 2006 fiscal year to be in the range of $2.50 to $2.70.

AEP defines 'ongoing earnings' as GAAP earnings adjusted for certain items. Management believes this metric provides a more meaningful representation of the company's performance and uses it for communicating with analysts and investors, as well as for internal performance measurement.

The presentation materials for the investor meetings will be made available on the company's website during the period of the meetings (February 20-23, 2006).