PPL Corp rises after posting upbeat Q1 profit, revenue

PPL

01/05/2024 18:31

** Shares of electricity and natural gas utility PPL Corp
 PPL.N  up ~2% at $28.01
    ** Co beats first-quarter profit estimates, benefiting from
higher transmission revenue and lower operating costs
    ** Company posts Q1 adj EPS of 54 cents/shr vs est. of 50
cents/shr - LSEG
    ** Reports Q1 revenue of $2.30 bln vs est. of $2.06 bln -
LSEG
    ** Including session's gain, PPL up ~3% YTD

 (Reporting by Roshia Sabu in Bengaluru)
 ((Roshia.Sabu@thomsonreuters.com))