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AMERICAN ELECTRIC POWER® ™ BOUNDLESS ENERGYM MEDIA CONTACT : Tammy Ridout Director , External Communications 614 / 716-2347 FOR IMMEDIATE RELEASE ● AEP REPORTS SOLID THIRD - QUARTER 2021 EARNINGS ; NARROWS 2021 GUIDANCE RANGE TO UPPER HALF , RAISING MIDPOINT Revenue ( $ in billions ) : Earnings ( $ in millions ) : GAAP Operating ( non - GAAP ) Third - quarter 2021 GAAP earnings of $ 1.59 per share and $ 1.43 per share operating Company narrows 2021 operating earnings ( non - GAAP ) guidance range to $ 4.65 to $ 4.75 per share , raising midpoint to $ 4.70 AEP reaffirms 5 % to 7 % long - term growth rate EPS ( $ ) : GAAP Operating ( non - GAAP ) AMERICAN ELECTRIC POWER Preliminary , unaudited results Third Quarter ended September 30 2021 2020 Variance 4.6 4.1 0.5 796.0 716.7 1.59 1.43 ANALYSTS CONTACT : Darcy Reese Vice President , Investor Relations 614 / 716-2614 748.6 728.2 1.51 1.47 News from AEP 47.4 ( 11.5 ) 1 0.08 ( 0.04 ) Year - to - date ended September 30 2021 2020 Variance 11.3 1.4 12.7 1,949.2 1,876.7 3.90 3.76 1,764.6 1,765.9 3.56 3.56 EPS based on 501 million shares 3Q 2021 , 496 million shares 3Q 2020 , 499 million shares YTD 2021 and 495 million shares YTD 2020 184.6 110.8 0.34 0.20 COLUMBUS , Ohio , Oct. 28 , 2021 - American Electric Power ( Nasdaq : AEP ) today reported third - quarter 2021 earnings , prepared in accordance with Generally Accepted Accounting Principles ( GAAP ) , of $ 796 million or $ 1.59 per share , compared with GAAP earnings of $ 749 or $ 1.51 per share in third - quarter