8-KRegulation FD

AMERICAN ELECTRIC POWER CO INC 8-K Report, Regulation FD Disclosure (Mar 9, 2010)

Filed March 9, 2010For Securities:AEP

Summary

This 8-K filing from American Electric Power Company, Inc. (AEP), dated March 9, 2010, serves to reaffirm the company's previously issued guidance for ongoing earnings per share (EPS) for the 2010 fiscal year. Management will be meeting with investors between March 9 and March 23, 2010, during which they will reiterate the projected ongoing EPS range of $2.80 to $3.20. Investors should note that AEP utilizes 'ongoing earnings,' which are GAAP earnings adjusted for certain items, as its primary metric for performance assessment and communication with stakeholders. This reaffirms AEP's commitment to its established financial outlook for the year, providing a degree of certainty amidst ongoing market dynamics. The filing also includes a standard disclaimer regarding forward-looking statements and the various factors that could impact actual results.

Key Highlights

  • 1AEP reaffirms its 2010 fiscal year ongoing earnings per share (EPS) guidance of $2.80 to $3.20.
  • 2The company will be conducting investor meetings from March 9, 2010, to March 23, 2010.
  • 3AEP emphasizes the use of 'ongoing earnings' (adjusted GAAP earnings) as its primary performance metric for communicating with investors and analysts.
  • 4This filing serves as a confirmation of previously stated financial outlook, providing clarity to investors.
  • 5The report includes a comprehensive list of risk factors that could materially affect future financial results, as is customary for forward-looking statements.

Frequently Asked Questions

The primary purpose of this 8-K filing is to inform investors that American Electric Power Company, Inc. (AEP) will reaffirm its previously issued guidance for ongoing earnings per share (EPS) for the 2010 fiscal year during upcoming investor meetings.

AEP is reaffirming its ongoing earnings per share (EPS) guidance for the 2010 fiscal year to be in the range of $2.80 to $3.20.

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 internally and externally for performance measurement and outlook communication.

AEP representatives will be conducting meetings with investors during the period of March 9, 2010, to March 23, 2010.