8-KRegulation FD

AMERICAN ELECTRIC POWER CO INC 8-K Report, Regulation FD Disclosure (Aug 30, 2007)

Filed August 30, 2007For Securities:AEP

Summary

American Electric Power Company, Inc. (AEP) issued this Form 8-K on August 30, 2007, to inform investors that management will be reaffirming the company's previously issued earnings guidance for the 2007 fiscal year during upcoming investor meetings. The reaffirmed guidance for ongoing earnings (GAAP earnings adjusted for certain items) is between $2.85 and $3.05 per share. AEP emphasizes its use of ongoing earnings as a key performance metric for communicating financial outlook and results to analysts and investors, and for internal performance measurement. The filing also includes a comprehensive list of risk factors that could materially impact the company's actual results compared to its forward-looking statements. These factors encompass a broad range of operational, regulatory, environmental, market, and economic challenges, providing investors with a detailed understanding of potential headwinds and uncertainties AEP faces. Investors should pay close attention to these risk factors as they evaluate the company's future performance and strategic initiatives.

Key Highlights

  • 1AEP reaffirms 2007 fiscal year ongoing earnings per share guidance of $2.85 to $3.05.
  • 2Guidance was previously stated in an 8-K filed on July 31, 2007, related to Q2 earnings.
  • 3AEP management utilizes 'ongoing earnings' (adjusted GAAP earnings) as its primary performance measurement for external communication and internal assessment.
  • 4Presentation materials for investor meetings will be available on AEP's website.
  • 5The report includes a detailed list of forward-looking statements and associated risk factors that could affect actual results.
  • 6Key risk factors mentioned include regulatory and legislative changes, fuel costs, generating capacity performance, environmental regulations, litigation, and economic conditions.

Frequently Asked Questions

The primary purpose of this 8-K filing is to formally announce that American Electric Power (AEP) management will be reaffirming its previously issued earnings guidance for the 2007 fiscal year during investor meetings scheduled for August 30, 2007. It also serves to inform investors that presentation materials will be available on the company's website.

AEP is reaffirming its ongoing earnings per share guidance for the 2007 fiscal year to be in the range of $2.85 to $3.05.

AEP management believes that ongoing earnings, which are GAAP earnings adjusted for certain items, provide a more meaningful representation of the company's performance. They use this metric as their primary performance measurement when communicating their earnings outlook and results to analysts and investors, as well as for internal performance tracking.

AEP highlights a broad range of risks that could materially impact its financial results. These include factors such as electric load growth, weather conditions, fuel costs and availability, generating plant performance, regulatory and legislative changes (including environmental regulations), litigation, economic conditions in its service territory, capital market conditions, and commodity price volatility.