American Electric Power Q2 Adj. EPS $1.36 Misses $1.50 Estimate, Sales $5.445B Beat $5.341B Estimate

American Electric Power (NASDAQ:AEP) reported quarterly earnings of $1.36 per share which missed the analyst consensus estimate of $1.50 by 9.33 percent. This is a 4.9 percent decrease over earnings of $1.43 per share from the same period last year. The company reported quarterly sales of $5.445 billion which beat the analyst consensus estimate of $5.341 billion by 1.94 percent. This is a 7.06 percent increase over sales of $5.086 billion the same period last year.