PPL Corp expected to post earnings of 42 cents a share - Earnings Preview

PPL

30/10/2024 13:33

* PPL Corp  PPL.N   PPL  is expected to show a fall in
quarterly
revenue when it reports  results on November 1 for the period
ending September 30 2024
    * The Allentown Pennsylvania-based  company is expected to
report
a 6.3% decrease in revenue to $1.914 billion from $2.04 billion
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for PPL Corp is for earnings
of 42
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "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
$34.00​, above​ its last closing price of $32.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.34        0.33       0.38      Beat    13.5
 Mar. 31 2024  0.50        0.50       0.54      Beat    7.8
 Dec. 31 2023  0.38        0.38       0.40      Beat    5.1​
 Sep. 30 2023  0.41        0.42       0.43      Beat    2.4
 ​​Jun.        0.32        0.32       0.29      Missed  -9.1
 30 2023                                                
 Mar. 31 2023  0.45        0.46       0.48      Beat    5.1​
 Dec. 31 2022  0.28        0.28       0.28      Met     0.1
 Sep. 30 2022  0.41        0.42       0.41      Missed  -2.7
 This summary was machine generated October 30 at 13:33 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)