Core Viewpoint - PPL's stock performance has been relatively stable, with a slight increase over the past month, but it is lagging behind the broader market indices like the S&P 500 and Dow [1][2]. Financial Performance - The upcoming earnings report for PPL is projected to show an EPS of $0.39, which represents a 2.5% decline compared to the same quarter last year [2]. - The Zacks Consensus Estimate for revenue is expected to be $2.09 billion, reflecting a 3.01% increase from the previous year [2]. Analyst Estimates - Recent modifications to analyst estimates for PPL indicate near-term business trends, with positive changes suggesting optimism regarding the company's profitability [3]. - The Zacks Rank system, which evaluates these estimate changes, currently ranks PPL as 2 (Buy), with a recent EPS estimate increase of 0.09% [5]. Valuation Metrics - PPL has a Forward P/E ratio of 17.82, which is higher than the industry average of 16.65, indicating that PPL is trading at a premium [6]. - The company has a PEG ratio of 2.64, slightly above the industry average PEG ratio of 2.61, which factors in expected earnings growth [7]. Industry Context - PPL operates within the Utility - Electric Power industry, which holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [8].

ALLENTOWN, Pa., Jan. 23, 2025 /PRNewswire/ -- PPL Corporation (NYSE: PPL) will release consolidated fourth-quarter and year-end 2024 earnings results on Thursday, Feb. 13.Vincent Sorgi, PPL president and chief executive officer, and other members of PPL's executive team will discuss quarterly results and the company's general business outlook during a conference call with financial analysts that will begin at 11 a.m. Eastern Time.The call will be webcast live, in audio format, along with slides of the prese ...

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on PPL, and emphasizes the importance of using these recommendations in conjunction with other analytical tools like the Zacks Rank to make informed investment decisions [1][4][9]. Brokerage Recommendations for PPL - PPL has an average brokerage recommendation (ABR) of 1.59, indicating a consensus between Strong Buy and Buy, based on 16 brokerage firms [2]. - Out of the 16 recommendations, 10 are Strong Buy and 2 are Buy, which account for 62.5% and 12.5% of all recommendations respectively [2]. Limitations of Brokerage Recommendations - The article highlights that brokerage recommendations may not be reliable due to the vested interests of brokerage firms, which often lead to a bias in favor of positive ratings [5][9]. - Research indicates that for every "Strong Sell" recommendation, there are five "Strong Buy" recommendations, suggesting a significant imbalance [5]. Zacks Rank as an Alternative - The Zacks Rank, which is based on earnings estimate revisions, is presented as a more reliable indicator of a stock's near-term price performance compared to ABR [7][10]. - The Zacks Rank is timely and reflects the latest earnings estimates, while ABR may not always be up-to-date [11]. Current Earnings Estimates for PPL - The Zacks Consensus Estimate for PPL has increased by 0.1% over the past month to $1.72, indicating growing optimism among analysts regarding the company's earnings prospects [12]. - The recent change in consensus estimates has resulted in a Zacks Rank 2 (Buy) for PPL, suggesting a favorable outlook for the stock [13].

PPL (PPL) closed at $33.25 in the latest trading session, marking a +0.24% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 1%. Elsewhere, the Dow gained 0.78%, while the tech-heavy Nasdaq added 1.51%.The the stock of energy and utility holding company has risen by 3.59% in the past month, leading the Utilities sector's loss of 2.02% and the S&P 500's loss of 2.14%.Analysts and investors alike will be keeping a close eye on the performance of PPL in its upcoming earni ...

LG&E's new utility partnership with Poe Companies and PowerHouse Data Centers sets stage for Kentucky's first hyperscale data center campusLOUISVILLE, Ky., Jan. 16, 2025 /PRNewswire/ -- Louisville Gas and Electric Company, a subsidiary of PPL Corporation, announced today its first hyperscale data center electric customer.A joint venture between PowerHouse Data Centers, a leading real estate developer for next-generation hyperscale data centers and division of American Real Estate Partners (AREP), and Poe Co ...

PPL Corp.’s (PPL) shares have rallied 24% year to date compared with Zacks Utility-Electric Power industry’s growth of 17.4%. The company continues to provide electricity and natural gas to its 3.5 million customers across the United States. In the same time period, PPL has also outperformed the Zacks Utilities sector. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.PPL has plans to invest $14.3 billion through 2027 to strengthen its infrastructure and prevent outages. The company i ...

Core Viewpoint - PPL Corporation is restructuring its leadership by eliminating the Chief Operating Officer role, with current COO Francis X. Sullivan retiring on April 4, 2025, and responsibilities being reassigned to David J. Bonenberger and Lonnie Bellar [1][2][3]. Leadership Changes - The COO position will be eliminated effective April 4, 2025, with Francis X. Sullivan retiring [1]. - David J. Bonenberger will take over as Executive Vice President and Chief Operating Officer-Utilities, while Lonnie Bellar will become Executive Vice President of Engineering, Construction and Generation [2]. - Both Bonenberger and Bellar will report directly to PPL President and CEO Vincent Sorgi [2]. Executive Background - Francis X. Sullivan has been with PPL as EVP and COO since January 2023 and has over 40 years of experience in the energy sector [6]. - David J. Bonenberger has been with PPL Electric Utilities since 1984 and previously served as President of Rhode Island Energy [5]. - Lonnie Bellar joined Kentucky Utilities in 1987 and has served as COO for LG&E and KU Energy [5]. Strategic Focus - The leadership transition aims to enhance PPL's strategy to create smarter, stronger, and cleaner utilities, ultimately delivering greater value to customers and shareholders [4]. - Bonenberger will oversee utility operations and customer service across PPL's utilities in Pennsylvania, Kentucky, Rhode Island, and Virginia, while Bellar will manage enterprise-wide engineering and construction services, energy supply, and environmental compliance [4].

Company Performance - PPL's stock closed at $31.68, reflecting a -0.16% change from the previous day's closing price, underperforming compared to the S&P 500's 0.16% gain [1] - Over the past month, PPL shares have decreased by 1.73%, while the Utilities sector and S&P 500 have lost 7.63% and 2.2%, respectively [1] Upcoming Earnings - PPL is expected to report an EPS of $0.39, which is a decline of 2.5% from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projected at $2.09 billion, indicating a 3.01% increase from the previous year [2] Analyst Forecasts - Recent revisions to analyst forecasts for PPL are crucial as they reflect changing business trends, with positive revisions indicating optimism about the company's profitability [3] Zacks Rank and Valuation - PPL currently holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate having increased by 0.4% in the past month [5] - The Forward P/E ratio for PPL is 17.31, which is higher than the industry average of 16.14, and the PEG ratio stands at 2.56, compared to the industry average of 2.52 [6] Industry Overview - The Utility - Electric Power industry, which includes PPL, has a Zacks Industry Rank of 146, placing it in the bottom 42% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

PPL (PPL) ended the recent trading session at $31.73, demonstrating a -1.67% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.55%. On the other hand, the Dow registered a loss of 0.06%, and the technology-centric Nasdaq increased by 1.24%.Market participants will be closely following the financial results of PPL in its upcoming release. The company's earnings per share (EPS) are projected to be $0.39, reflecting a 2.5% decrease from the same quarte ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about PPL (PPL) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.PPL currently has an average brokerage recommendation (ABR) of 1.63, ...