Recap: American Electric Power Q1 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Shares of American Electric Power (NASDAQ:AEP) were unchanged after the company reported Q1 results.

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Quarterly Results

Earnings per share rose 12.75% over the past year to $1.15, which missed the estimate of $1.16.

Revenue of $4,300,000,000 up by 16.22% from the same period last year, which beat the estimate of $4,140,000,000.

Looking Ahead

American Electric Power hasn't issued any earnings guidance for the time being.

American Electric Power hasn't issued any revenue guidance for the time being.


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Details Of The Call

Date: Apr 22, 2021

Time: 09:00 AM

ET Webcast URL: https://www.aep.com/investors/events

Technicals

Company's 52-week high was at $94.21

52-week low: $74.80

Price action over last quarter: Up 19.37%

Company Profile

American Electric Power is one of the largest regulated utilities in the United States, providing electricity generation, transmission, and distribution to more than 5 million retail customers in 11 states. About 43% of AEP's of capacity is coal, with the remainder from a mix of natural gas (29%), renewable energy and hydro (18%), nuclear (8%), and demand response (2%). Vertically integrated utilities, transmission and distribution, and generation and marketing support earnings.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps