AEP profit rises on lower costs
July 20 (Reuters) - American Electric Power Co Inc posted higher second-quarter earnings on warmer weather and reduced costs.
The company, which operates utilities in 11 states, said net earnings rose to $362 million, or 75 cents per share, from $352 million, or 73 cents per share, a year earlier.
Revenue remained flat at $3.6 billion.
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