PPL Corp reports results for the quarter ended December 31 - Earnings Summary

PPL

13/02/2025 14:32

* PPL Corp  PPL.N  reported quarterly adjusted earnings of
34
cents​​ per share for the quarter ended December 31, lower than
the same quarter last year, when the company reported EPS of 40
cents.  The mean expectation of thirteen analysts for the
quarter was for earnings of 37 cents per share. Wall Street
expected results to range from 35 cents to 40 cents per share.
    * Revenue rose 8.9% to $2.21 billion from a year ago;
analysts
expected $2.05 billion. 
    * PPL Corp's reported EPS for the quarter was 24 cents​.
    * The company reported quarterly net income of $177 million.
    * PPL Corp shares had risen by 6.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the multiline
utilities
peer group is also "buy"

Wall Street's median 12-month price target for PPL Corp is
$36.50 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.37           0.34           Missed
 Sep. 30 2024      0.42           0.42           Met
 Jun. 30 2024      0.33           0.38           Beat
 Mar. 31 2024      0.50           0.54           Beat