Summary
This Form 8-K filing from American Electric Power Company, Inc. (AEP) on May 25, 2011, announces that the company's management will be meeting with investors from May 25, 2011, through June 2, 2011. During these meetings, AEP will reaffirm its previously issued guidance for the 2011 fiscal year, expecting ongoing earnings per share to be between $3.00 and $3.20. The company emphasizes its use of "ongoing earnings" (GAAP earnings adjusted for certain items) as its primary performance metric for communicating with investors and for internal performance measurement. This filing also includes a standard disclaimer regarding forward-looking statements and the various factors that could cause actual results to differ materially from projections, covering areas such as regulatory decisions, fuel costs, economic conditions, and market volatility.
Key Highlights
- 1AEP is reaffirming its 2011 fiscal year ongoing earnings per share guidance of $3.00 to $3.20.
- 2Management will be conducting investor meetings between May 25, 2011, and June 2, 2011.
- 3The company utilizes "ongoing earnings" as its key performance metric for investor communications and internal reporting.
- 4The filing includes a detailed list of potential risk factors that could impact future results.
- 5These risk factors cover regulatory, operational, economic, and market-related uncertainties.
- 6The guidance was most recently stated in an 8-K filing on April 21, 2011.