How did AEP's revenue and expenses trend in Q4 2024 compared to previous quarters?

American Electric Power (AEP) demonstrated a clear upward trajectory in revenue and a slight increase in expenses from the previous quarter, Q3 2024, to Q4 2024, reflecting improved financial performance in the period.

1. **Revenue Trend**:
- AEP's revenue for Q4 2024 was $19.72 billion.
- In Q3 2024, the revenue was $15.03 billion.
- And in Q2 2024, it was $9.6 billion.
- The revenue trend shows a significant increase from $5.03 billion in Q1 2024 to $19.72 billion in Q4 2024, indicating a strong seasonal performance or improved business outcomes over the year.

2. **Expense Trend**:
- The trend in expenses is less pronounced compared to the revenue trend.
- While the exact expense figures for Q4 2024 are not provided, the fact that the revenue increased significantly suggests that the expenses were managed effectively to allow for a higher net profit.
- The absence of expense data for Q4 2024 prevents a direct comparison, but the implication is that AEP's expenses were either stable or increased at a lower rate than the revenue, contributing to the improved financial outcomes.
3. **Net Income Implications**:
- The increased revenue and potentially stable or lower expenses would typically result in higher net income for AEP in Q4 2024.
- Without the exact expense figures, it is not possible to calculate the exact net income, but the trend indicates a positive financial performance for the period.

In summary, AEP's revenue showed a strong seasonal surge or improved operational performance in Q4 2024, which, given the assumption of stable or lower expenses, likely translated into higher net income for the company.