Summary
This 8-K filing from American Electric Power Company, Inc. (AEP) dated October 9, 2007, primarily serves to inform investors about upcoming meetings with management and to reaffirm previously issued financial guidance. AEP representatives will be meeting with investors between October 8th and October 12th, 2007. During these meetings, the company intends to reiterate its projected on-going earnings per share (EPS) for the 2007 fiscal year to be in the range of $2.90 to $3.00. The company explicitly states that it uses "ongoing earnings" (GAAP earnings adjusted for certain items) as its primary performance measurement for communicating with external stakeholders and for internal performance tracking. This filing also includes a standard cautionary note regarding forward-looking statements, highlighting various factors that could materially affect actual results.
Key Highlights
- 1AEP is holding investor meetings from October 8-12, 2007.
- 2The company will reaffirm its 2007 fiscal year guidance for ongoing earnings per share (EPS) of $2.90 to $3.00.
- 3AEP emphasizes its use of "ongoing earnings" (adjusted GAAP EPS) as a key performance metric for investors.
- 4The filing includes a comprehensive list of risk factors that could impact future financial results.
- 5Presentation materials for the investor meetings will be available on AEP's website.