Utility PPL falls on downbeat 2026 profit forecast

PPL

20/02/2026 13:04

** Shares of utility PPL Corp PPL.N fall 2.9% to $35.91 premarket

** Company forecasts 2026 adjusted earnings to be between $1.90/share and $1.98/share, the midpoint of which is below analysts' average estimate of $1.95/share - data compiled by LSEG

** PPL reports Q4 adjusted profit of 41 cents per shares, in line with analyst expectations

** Company updates capital plan to $23 billion from 2026 through 2029 compared with prior plan of $20 billion from 2025 to 2028

** In 2025, PPL was down 3%

 (Reporting by Varun Sahay in Bengaluru)

 ((Varun.sahay@thomsonreuters.com))