American Electric Power (AEP) Q2 FY25 earnings call

American Electric Power delivered its strongest second quarter operating earnings ever, driven by robust load growth and strategic regulatory and legislative successes. The company raised its full-year EPS guidance to the upper half of its range and reaffirmed its long-term growth rate, supported by an expected increase in its 5-year capital plan to $70 billion. Management emphasized significant customer commitments for 24 GW of incremental load and a substantial interconnection queue, positioning AEP for unprecedented growth while maintaining financial discipline and balance sheet strength.