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NEW YORK (TheStreet) -- Shares of American Electric Power (AEP) - Get American Electric Power Company, Inc. Report  were advancing in early-afternoon trading on Monday ahead of the company's 2016 fiscal third-quarter results, due out before tomorrow's market open. 

Wall Street is expecting the Columbus, OH-based electric utility to see a year-over-year increase in earnings and revenue for the quarter. 

Analysts surveyed by FactSet are looking for adjusted earnings of $1.21 per share and $4.69 billion in revenue. 

In 2015, the company posted operating earnings of $1.06 per share on revenue of $4.40 billion for the third quarter. 

(American Electric Power is held in Jim Cramer's charitable trust Action Alerts PLUS. See all of his holding with a free trialhere.)

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Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

The team rates AEP as a Buy with a ratings score of A-. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, solid stock price performance, growth in earnings per share and increase in net income. The team feels its strengths outweigh the fact that the company has had generally high debt management risk by most measures that it evaluated.

You can view the full analysis from the report here: AEP

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