Core Viewpoint - PPL Corporation is expected to report an increase in revenues but a decrease in earnings for the fourth quarter of 2024, with earnings estimates indicating a decline of 7.5% year-over-year while revenues are projected to grow by 3.1% [1][2]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for PPL's fourth-quarter revenues is $2.09 billion, reflecting a growth of 3.1% compared to the previous year [2]. - The earnings estimate for the fourth quarter is set at 37 cents per share, which represents a decline of 7.5% from the same quarter last year [2]. Earnings Surprise History - PPL has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 9.85% [3][4]. Earnings Prediction Model - The current model does not predict a likely earnings beat for PPL this quarter, as the Earnings ESP is -0.67% and the Zacks Rank is 2 (Buy) [5][4]. Factors Influencing Earnings - PPL is experiencing load growth driven by increased demand for data centers in Pennsylvania and Kentucky, which is expected to positively impact fourth-quarter earnings [9]. - The company is implementing cost-saving initiatives, reducing Operation & Maintenance expenses by an average of 2.5% per year, which is likely to contribute to earnings growth [10]. Stock Performance and Valuation - PPL's shares have increased by 30.2% over the past year, outperforming the industry average of 20.8% [11]. - The company is currently valued at a premium compared to its industry on a forward 12-month P/E basis [14]. Regulatory Environment and Investment Recovery - PPL operates in a favorable regulatory environment, with over 60% of its capital investment plan subject to "contemporaneous recovery," which mitigates the impact of regulatory lag on earnings [15]. - The quick recovery of capital expenditures allows PPL to fund long-term projects more effectively [15]. Research and Development Initiatives - PPL is engaged in over 175 research and development projects in collaboration with more than 30 industry and academic partners, focusing on low-carbon energy technologies and enhancing network resiliency [16]. Financial Health - Credit rating agencies have upgraded PPL's credit ratings to positive, and as of September 30, 2024, the company had nearly $3 billion in unused credit capacity, enhancing its liquidity [17]. - The times-interest-earned ratio was 2.4 at the end of the third quarter of 2024, indicating strong capability to meet interest obligations [17]. Investment Consideration - PPL is positioned to benefit from rising energy demand, cost-saving initiatives, and effective capital expenditure recovery mechanisms, making it a potential addition to investment portfolios [18].

Core Viewpoint - Wall Street analysts anticipate a quarterly earnings per share (EPS) of $0.37 for PPL, reflecting a year-over-year decline of 7.5%, while revenues are projected to be $2.09 billion, representing a 3.1% increase from the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has been revised upward by 2.8% over the last 30 days, indicating analysts' reassessment of their initial forecasts [1] - Analysts forecast 'Revenues- Pennsylvania Regulated' to reach $742.64 million, marking a 4.2% increase from the year-ago quarter [4] - 'Revenues- Rhode Island Regulated' is expected to be $509.35 million, indicating a 2.7% increase from the prior-year quarter [4] - 'Revenues- Kentucky Regulated' is projected to reach $850.25 million, reflecting a 3.6% increase from the year-ago quarter [4] Group 2: Stock Performance and Market Outlook - PPL shares have increased by 7.6% in the past month, outperforming the Zacks S&P 500 composite, which saw a 2.1% increase [4] - With a Zacks Rank 2 (Buy), PPL is expected to outperform the overall market performance in the near term [4]

ALLENTOWN, Pa., Feb. 7, 2025 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today that the company's 2025 Annual Meeting of Shareowners will be held virtually. The Annual Meeting will convene live via the internet on Friday, May 16, 2025, at 9 a.m. Eastern time. Shareowners of record as of March 4, 2025, are eligible to vote and participate in the Annual Meeting. Instructions on how to join the meeting will be included in proxy materials that will be provided to shareowners. About PPLPPL Corporation, ...

Company Overview - PPL is expected to report a year-over-year decline in earnings, with a projected EPS of $0.37, reflecting a decrease of 7.5% compared to the previous year [3] - Revenue for the upcoming quarter is anticipated to be $2.09 billion, which represents a 3.1% increase from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 2.8% higher in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for PPL is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.67%, suggesting a bearish outlook from analysts [10] Earnings Surprise History - In the last reported quarter, PPL exceeded the expected EPS of $0.39 by delivering $0.42, resulting in a surprise of +7.69% [12] - Over the last four quarters, PPL has beaten consensus EPS estimates consistently [13] Comparison with Industry Peers - Dominion Energy, a competitor in the Zacks Utility - Electric Power industry, is expected to post earnings of $0.54 per share, indicating a significant year-over-year increase of 86.2% [17] - Dominion Energy's revenue is projected to be $3.51 billion, slightly down by 0.6% from the previous year [17] - Despite a recent downward revision of 1.8% in EPS estimates, Dominion Energy has a positive Earnings ESP of 4.32%, suggesting a likelihood of beating the consensus EPS estimate [18]

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!In the fall of 2023, I believed that a similar story was seen in the case of PPL (NYSE: PPL ) . This followed some transformative moves in 2021, through which the company divested its UK assets, w ...

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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 ...