American Electric Power Co., Inc. (AEP) reported a surge in fourth-quarter GAAP earnings to $346 million or $0.71 per share, from last year's $21 million or $0.05 per share. Excluding special items, operating earnings for the latest quarter stood at $296 million or $0.60 per share. On average, 15 analysts polled by Thomson Reuters expected earnings per share of $0.57 for the quarter. Analysts' estimates typically exclude one-time items.
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