| AEP |
Report |
Q2 2026 Operating EPS |
BEAT |
pred ~$1.55 vs. cons $1.48 |
HIGH |
| AEP |
Report |
Q2 2026 Revenue |
BEAT |
pred ~$5.45B vs. cons $5.30B |
MEDIUM |
| AEP |
Report |
Weather-Normalized Retail Sales/Load Growth (y/y %) |
BEAT |
pred ~8.5% vs. cons ~6.5% |
LOW |
| AEP |
Guide |
FY2026 Operating EPS Guidance (midpoint) |
UNCHANGED |
guide ~$6.30 vs. cons $6.32 (FY2026) |
HIGH |
| AEP |
Guide |
Incremental Contracted Load by 2030 (GW) |
BETTER |
guide ~68GW vs. cons/prior 63GW (by 2030) |
MEDIUM |
| AEP |
Guide |
2026-2030 Five-Year Capital Plan ($B) |
UNCHANGED |
guide ~$78B vs. cons $78B (2026-2030, formal update expected Q3) |
MEDIUM |
| AEP |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.0% |
— |
MEDIUM |
| AEP |
Return |
5-day cumulative residual |
-1.5% (FADE) |
Mirrors the Q1 2026 pattern: AEP beat EPS/revenue and raised load figures, producing a same-day pop (+1.8% raw vs SPY +0.8%), but within days the stock gave back all of it and more (net -3% vs SPY +3% over the following week) as the market digested dilution risk from the ~$2.9B forward equity sale and lingering PJM/SPP interconnection friction. With the incremental $10B capex still not formally funded until Q3, another GW-raise or capex hint this quarter likely reignites equity-overhang and affordability-headline concerns, causing an initial pop to fade over the next few sessions even if headline EPS beats. |
LOW |