Summary
This Form 8-K filing by American Electric Power Company, Inc. (AEP) on November 5, 2007, serves as a notification to investors regarding upcoming meetings with management scheduled between November 5th and November 7th, 2007. The primary purpose of this disclosure is to reaffirm the company's previously issued guidance for ongoing earnings per share (EPS) for the full 2007 fiscal year, which remains in the range of $2.90 to $3.00. Management emphasizes that 'ongoing earnings' (GAAP earnings adjusted for certain items) are considered a more meaningful representation of AEP's performance and are used internally and externally for performance measurement and outlook communication. Investors attending these meetings can expect management to reiterate this financial outlook and likely provide further context or commentary on the factors influencing their performance. The filing also includes a standard disclaimer about forward-looking statements and the various risk factors that could impact actual results.
Key Highlights
- 1AEP reaffirming its 2007 fiscal year ongoing earnings per share guidance of $2.90 to $3.00.
- 2The guidance was most recently stated in an 8-K filing on October 24, 2007, in conjunction with the Q3 earnings release.
- 3Management will be conducting investor meetings from November 5 to November 7, 2007.
- 4AEP defines 'ongoing earnings' as GAAP earnings adjusted for certain items, considering it a more meaningful performance metric.
- 5The company uses ongoing earnings internally for performance measurement against budget and reporting to the board.
- 6The filing includes a comprehensive list of risk factors that could materially affect future results.
- 7Presentation materials for the investor meetings will be available on AEP's website.