8-KRegulation FD

AMERICAN ELECTRIC POWER CO INC 8-K Report, Regulation FD Disclosure (Feb 15, 2011)

Filed February 15, 2011For Securities:AEP

Summary

American Electric Power Company, Inc. (AEP) filed an 8-K on February 15, 2011, to announce upcoming investor meetings scheduled for February 16-17, 2011. During these meetings, AEP management will reaffirm its previously issued 2011 fiscal year earnings per share guidance of $3.00 to $3.20. This guidance was initially provided on January 28, 2011, via another 8-K filing. The company emphasizes its use of "ongoing earnings," which are GAAP earnings adjusted for certain items, as its primary performance metric for communicating with investors and analysts.

Key Highlights

  • 1AEP reaffirmed its 2011 fiscal year ongoing earnings per share guidance of $3.00 to $3.20.
  • 2The reaffirmation occurred during investor meetings held on February 16-17, 2011.
  • 3The company utilizes 'ongoing earnings' as its primary performance metric, adjusting for certain items to provide a more meaningful representation of performance.
  • 4AEP uses ongoing earnings internally for performance measurement against budget and reporting to its board.
  • 5The filing includes standard forward-looking statement disclaimers, outlining various factors that could materially affect actual results.
  • 6No new material financial information or strategic updates were introduced beyond the guidance reaffirmation.

Frequently Asked Questions

The primary purpose of this 8-K filing is to inform investors that AEP management will be meeting with investors and to reaffirm the company's previously issued earnings per share guidance for the 2011 fiscal year.

AEP reaffirmed its ongoing earnings per share guidance for the 2011 fiscal year to be in the range of $3.00 to $3.20.

AEP defines 'ongoing earnings' as GAAP earnings adjusted for certain items. The company uses this metric internally and externally as its primary measure of performance and for communicating its earnings outlook.

No, this filing is primarily a reaffirmation of previously provided guidance and an announcement of upcoming investor meetings. It does not introduce new financial data or significant strategic changes beyond that.