PPL Corp expected to post earnings of 33 cents a share - Earnings Preview

PPL

31/07/2024 16:21

* PPL Corp  PPL.N   PPL  is expected to show a fall in
quarterly
revenue when it reports  results on August 2 for the period
ending June 30 2024
    * The Allentown Pennsylvania-based  company is expected to
report
a 10.0% decrease in revenue to $1.642 billion from $1.82 billion
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for PPL Corp is for earnings
of 33
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for PPL Corp is
$31.00​, above​ its last closing price of $29.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.50        0.38       0.54      Beat    7.8
 Dec. 31 2024  0.41        0.38       0.40      Beat    5.1
 Sep. 30 2023  0.41        0.42       0.43      Beat    2.4​
 Jun. 30 2023  0.32        0.32       0.29      Missed  -9.1
 ​​Mar.                    0.46       0.48      Beat    5.1
 31 2023                                                
 Dec. 31 2022              0.28       0.28      Met     -2.7​
 Sep. 30 2022  0.41        0.42       0.41      Missed  1.4
 Jun. 30 2022  0.30        0.30       0.30      Met     1.4
 This summary was machine generated July 31 at 15:21 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)