10 Firms Post Impressive Gains on Monday

5. American Electric Power Company (NASDAQ:AEP)

American Electric Power saw a 4.53-percent jump in its share prices on Monday to close at $102.63 apiece as investors repositioned their portfolios ahead of its full-year earnings report next month.

Analysts expect the company to report earnings per share (EPS) for the fourth quarter of the year of $1.24 apiece, just marginally higher than the $1.23 EPS registered in the same period a year ago.

American Electric Power, one of the largest power distribution utilities in the US, has surpassed analysts’ bottom-line estimates in two of the past four quarters.

American Electric Power energizes communities and businesses across 11 states, namely Arkansas, Indiana, Kentucky, Louisiana, Michigan, Ohio, Oklahoma, Tennessee, Texas, Virginia, and West Virginia.