PPL gains on first-quarter profit beat

PPL

08/05/2026 13:42

** Shares of electric utility PPL Corp PPL.N gain 1.4% to $37.25 premarket

** Co beats estimates for first-quarter profit, driven by higher segment retail rates

** Quarterly earnings at its Kentucky segment rose 16.7% to 35 cents per share

** Posts adjusted profit of 63 cents per share, compared with analysts' average estimates of 62 cents per share

** As of last close, stock up 5% YTD

(Reporting by Pranav Mathur in Bengaluru)

((Pranav.Mathur@thomsonreuters.com;))