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PPL Corp reports results for the quarter ended June 30 - Earnings Summary

PPL Corp PPL.N reported quarterly adjusted earnings of 32 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 38 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 35 cents to 40 cents per share.

Revenue rose 7.7% to $2.03 billion from a year ago; analysts expected $1.99 billion.

PPL Corp's reported EPS for the quarter was 25 cents​.

The company reported quarterly net income of $183 million.

PPL Corp shares had risen by 6.3% this quarter and gained 11.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.1% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 6 "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 $38.00, about 5.2% above its last closing price of $36.04

This summary was machine generated from LSEG data July 31 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.380.32Missed
Mar. 31 20250.540.60Beat
Dec. 31 20240.370.34Missed
Sep. 30 20240.420.42Met

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