PPL (PPL) closed the most recent trading day at $29, moving +1.33% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 1.08%. Elsewhere, the Dow gained 0.32%, while the tech-heavy Nasdaq added 1.58%. The energy and utility holding company's shares have seen an increase of 2.36% over the last month, surpassing the Utilities sector's gain of 0.61% and the S&P 500's gain of 0.43%. The investment community will be paying close attention to the earnings perform ...

Utility companies operating in the United States are taking measures to further strengthen their infrastructure, including the process of generation, transmission, distribution, storage and sale of electricity to customers. In this blog, we run a comparative analysis on two Zacks Utility — Electric Power companies —NiSource (NI) and PPL Corporation (PPL) — to decide which one is a better pick for your portfolio. Utilities continue to benefit from various favorable factors, such as new electric rates, custom ...

ALLENTOWN, Pa., July 16, 2024 /PRNewswire/ -- PPL Corporation (NYSE:PPL) will release consolidated second-quarter 2024 earnings results on Friday, August 2. For those who are unable to listen to the live webcast, a replay with slides will be accessible at www.pplweb.com/investors for 90 days after the call. PPL Corporation (NYSE:PPL), based in Allentown, Pennsylvania, is a leading U.S. energy company focused on providing electricity and natural gas safely, reliably and affordably to more than 3.5 million cu ...

The most recent trading session ended with PPL (PPL) standing at $27.97, reflecting a -1.65% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.28% gain on the day. On the other hand, the Dow registered a gain of 0.53%, and the technology-centric Nasdaq increased by 0.4%. The upcoming earnings release of PPL will be of great interest to investors. It is anticipated that the company will report an EPS of $0.31, marking a 6.9% rise compared to the same quarter of the previous y ...

Utilities continue to benefit from various favorable factors, such as new electric rates, customer additions, cost management and the implementation of energy-efficiency programs. Also, the ongoing investments to improve the resiliency of electric infrastructure against extreme weather conditions and the ongoing transition to costeffective, renewable energy sources to produce electricity aid the power industry. Regardless of economic cycles, there is a relatively constant demand for the services offered by ...

LOUISVILLE, Ky., June 26, 2024 /PRNewswire/ -- As part of an ongoing effort to evaluate all options for future replacement of aging generation, and to better support energy-intensive customers with zero-carbon objectives, PPL Corporation subsidiaries Louisville Gas and Electric Company and Kentucky Utilities Company will build on an earlier assessment of nuclear feasibility at the site of an existing Kentucky coal-fired power plant by exploring additional locations and partnerships that could support nuclea ...

Investors will be eagerly watching for the performance of PPL in its upcoming earnings disclosure. On that day, PPL is projected to report earnings of $0.31 per share, which would represent year-over-year growth of 6.9%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.91 billion, up 4.73% from the year-ago period. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Z ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? PPL currently has an average brokerage recommendation (ABR) of 1.73, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 13 brokerage firms. An ABR of 1.73 a ...

Analysts and investors alike will be keeping a close eye on the performance of PPL in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.31, reflecting a 6.9% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $1.91 billion, up 4.73% from the year-ago period. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafte ...

Market participants will be closely following the financial results of PPL in its upcoming release. It is anticipated that the company will report an EPS of $0.31, marking a 6.9% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.88 billion, indicating a 3.14% upward movement from the same quarter last year. Investors should also pay attention to any latest changes in analyst estimates for PPL. These latest adjustments often mi ...