American Electric Power's Q2 Highlights: Mixed Results, Job Cuts, Maintains Guidance
American Electric Power's Q2 Highlights: Mixed Results, Job Cuts, Maintains Guidance
American Electric Power Company, Inc. (NASDAQ:AEP) reported the second quarter 2024 revenue of $4.60 billion, missing the consensus of $4.74 billion.
美國電力公司（NASDAQ:AEP）報告2024年第二季度營業收入4600萬美元，未達到47.4億美元的共識。
Commercial load increased by 12.4% Y/Y, driven by over a 20% gain at its Transmission & Distribution companies, with new data processing facilities coming online.
商業負載同比增長12.4％，受輸電和配電公司超過20％的增長驅動，新的數據處理設施投入使用。
Total energy distribution rose 2.0% Y/Y in the Vertically Integrated Utilities segment and 12.0% in the Transmission & Distribution Utilities segment.
垂直綜合公用事業板塊的總能源分配同比增長2.0％，輸電和配電公用事業板塊同比增長12.0％。
Adjusted operating earnings rose to $662.0 million from $582.2 million a year ago.
調整後的營業收益從去年的5,822萬美元上升到6,620萬美元。
Adjusted operating earnings from Vertically Integrated Utilities fell to $244.8 million from $260.4 million the prior year, and AEP Transmission Holdco grew to $208.9 million from $196.5 million in the prior year's quarter.
垂直綜合公用事業調整後的營業收益從去年的2,604萬美元下降到2,448萬美元，而AEP Transmission Holdco從去年的1,965萬美元增長到2,089萬美元。
Adjusted EPS of $1.25 beat the consensus of $1.23.
調整後的每股收益爲1.25美元，超過1.23美元的共識。
In the quarter, the company launched a voluntary workforce reduction program involving around 1,000 employees and expects to see the program's benefits in the latter half of the year.
在這個季度，公司啓動了涉及大約1,000名員工的自願減員計劃，並預計將在今年下半年看到該計劃的好處。
FY24 Outlook: American Electric Power reiterated adjusted operating earnings per share guidance at $5.53-$5.73 vs. consensus of $5.62.
FY24展望：美國電力重申調整後的每股收益指導爲5.53美元至5.73美元，而共識爲5.62美元。
The company also maintained a long-term growth rate outlook of 6% to 7%.
公司還保持了長期增長率展望爲6％至7％。
In June, American Electric appointed William J. "Bill" Fehrman as president and CEO, effective August 1, 2024.
2024年8月1日生效，任命威廉J. “比爾”菲爾曼爲總裁兼首席執行官。
Ben Fowke, interim chief executive officer and president, said, "To help meet the growing energy needs of our customers and communities, we're making steady progress transforming our generation fleet with active requests for proposals and plans to add more than 20 gigawatts of new resources over the next decade."
代理首席執行官兼總裁Ben Fowke表示：“爲了滿足客戶和社區日益增長的能源需求，我們正在以積極的招標和計劃爲基礎使我們的發電設施轉型，未來十年計劃新增2000兆瓦的新資源。
"In June, Public Service Company of Oklahoma announced it will seek regulatory approval of an agreement to purchase Green Country, a 795-megawatt natural gas generation facility that will serve as a reliable and affordable local energy resource for customers."
“6月，俄克拉荷馬公用服務公司宣佈，將尋求獲得一份購買Green Country的協議，Green Country是一家擁有795兆瓦天然氣發電設施，將爲客戶提供可靠而經濟實惠的本地能源資源。”
Investors can gain exposure to the stock via SPDR Select Sector Fund – Utilities (NYSE:XLU) and Opal Dividend Income ETF (NYSE:DIVZ).
投資者可以通過SPDR Select Sector Fund - Utilities（紐交所：XLU）和Opal Dividend Income ETF（紐交所：DIVZ）獲得該股票的投資回報。
Price Action: AEP shares are down 0.18% at $96.90 premarket at the last check Tuesday.
截至上週二最後一次檢查，AEP股票預市下跌0.18％，爲96.90美元。
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