BUZZ-American Electric Power gains after upbeat Q1 profit

Reuters04-30

** Shares of American Electric Power up 0.7% at $87.29

** Co posts operating profit of $1.27/shr vs avg. analysts' est. of $1.25/shr - LSEG

** Says it saw higher commercial sales with load growth of 10.5% from a year earlier

** AEP adds it is taking several steps including voluntary workforce reduction program to lower costs

** Including session's gains, stock is up ~7.5% YTD

(Reporting by Sourasis Bose in Bengaluru)

((Sourasis.bose@thomsonreuters.com))

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