PPL Corp reports results for the quarter ended June 30 - Earnings Summary
PPL Corp reports results for the quarter ended June 30 - Earnings Summary
PPL Corp PPL.N reported quarterly adjusted earnings of 33 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 32 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 31 cents to 39 cents per share.
Revenue rose 4.2% to $2.11 billion from a year ago; analysts expected $2.19 billion.
PPL Corp's reported EPS for the quarter was 30 cents.
The company reported quarterly net income of $230 million.
PPL Corp shares had fallen by 4.8% this quarter and lost 1.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.7% in the last three months.
In the last 30 days, five analysts negatively revised earnings estimates
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 $41.50, about 16.6% above its last closing price of $34.62
This summary was machine generated from LSEG data August 7 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.34 | 0.33 | Missed |
Mar. 31 2026 | 0.62 | 0.63 | Beat |
Dec. 31 2025 | 0.41 | 0.41 | Met |
Sep. 30 2025 | 0.46 | 0.48 | Beat |