Summary
American Electric Power Company, Inc. (AEP) filed an 8-K on November 28, 2007, to disclose information regarding upcoming investor meetings scheduled between November 28, 2007, and December 4, 2007. During these meetings, AEP reaffirmed its previously issued guidance for ongoing earnings per share (EPS) of $2.90 to $3.00 for the 2007 fiscal year. This guidance was initially provided in an October 24, 2007, 8-K filing related to the company's third-quarter earnings. The company emphasizes that it uses "ongoing earnings," which are GAAP earnings adjusted for certain items, as its primary performance metric for communicating with investors and analysts.
Key Highlights
- 1AEP is conducting investor meetings from November 28, 2007, to December 4, 2007.
- 2The company reaffirmed its full-year 2007 ongoing earnings per share guidance of $2.90 to $3.00.
- 3This guidance was initially provided in an 8-K filing on October 24, 2007.
- 4AEP uses 'ongoing earnings' (adjusted GAAP earnings) as its primary performance measure for investor communications.
- 5The filing includes a comprehensive list of risk factors that could impact future results.
- 6Forward-looking statements are qualified by these risk factors, including but not limited to weather, fuel costs, regulatory decisions, and economic conditions.