8-KRegulation FD

AMERICAN ELECTRIC POWER CO INC 8-K Report, Regulation FD Disclosure (Jan 8, 2015)

Filed January 8, 2015For Securities:AEP

Summary

This Form 8-K from American Electric Power Company, Inc. (AEP) on January 8, 2015, primarily serves to disclose that management will be reaffirming the company's previously issued earnings guidance during investor meetings scheduled for January 8-9, 2015. Specifically, AEP intends to reiterate its 2014 fiscal year operating earnings guidance of $3.40 to $3.50 per share and its 2015 fiscal year operating earnings guidance of $3.40 to $3.60 per share. The report also emphasizes AEP's use of operating earnings, which are GAAP earnings adjusted for certain items, as its primary performance measurement for communicating with stakeholders and for internal management purposes.

Key Highlights

  • 1AEP reaffirmed its 2014 operating earnings guidance of $3.40 to $3.50 per share.
  • 2AEP reaffirmed its 2015 operating earnings guidance of $3.40 to $3.60 per share.
  • 3The company will be conducting investor meetings on January 8-9, 2015, during which guidance will be reaffirmed.
  • 4AEP utilizes 'operating earnings' (adjusted GAAP earnings) as its key performance metric for external and internal reporting.
  • 5The filing includes a standard disclaimer regarding forward-looking statements and the various factors that could impact actual results.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially notify the public and investors that AEP management will be reaffirming their previously issued earnings guidance during upcoming investor meetings. It ensures transparency and compliance with Regulation FD.

AEP reaffirmed its guidance for 2014 operating earnings to be between $3.40 and $3.50 per share, and its guidance for 2015 operating earnings to be between $3.40 and $3.60 per share.

AEP's management believes that operating earnings, which exclude certain items from GAAP earnings, provide a more meaningful representation of the company's ongoing performance and financial health. This metric is used internally for performance measurement and externally when communicating with analysts and investors about their earnings outlook and results.

No, this filing does not contain any new financial results. It solely serves to reaffirm previously communicated earnings guidance and to inform investors about upcoming meetings where this reaffirmation will take place.