PPL (PPL) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.21%. A quarter ago, it was expected that this energy and utility holding company would post earnings of $0.37 per share when it actually produced earnings of $0.34, delivering a surprise of -8.11%.Over the last four quarters ...

1 st Quarter 2025 Investor Update April 30, 2025 PPL CORPORATION Cautionary Statements and Factors That May Affect Future Results Statements made in this presentation about future operating results or other future events are forward-looking statements under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the forward-looking statements. A discussion of some of the factors that could cause actual results or events to vary is contain ...

Exhibit 99.1 news release www.pplnewsroom.com Contacts: For news media: Ryan Hill, 610-774-4033 For financial analysts: Andy Ludwig, 610-774-3389 PPL Corporation reports first-quarter 2025 earnings ALLENTOWN, Pa. (April 30, 2025) - PPL Corporation (NYSE: PPL) today announced first-quarter 2025 reported earnings (GAAP) of $414 million, or $0.56 per share, compared with first-quarter 2024 reported earnings of $307 million, or $0.42 per share. Adjusting for special items, first-quarter 2025 earnings from ongoi ...

Industry Overview - The Zacks Utility Electric - Power industry is experiencing a transformation due to rising electricity demand from data center expansion, transportation electrification, and grid modernization initiatives [1] - Utilities are heavily investing in infrastructure to improve grid resilience, enhance transmission and distribution lines, integrate renewable energy, and comply with regulations [1] Company Investments - PPL Corporation plans to invest $20 billion from 2025 to 2028 to strengthen its infrastructure, focusing on grid hardening and accommodating increased electrification [2] - Duke Energy Corporation expects to spend $83 billion during the 2025-2029 period for grid modernization and transitioning to low-carbon energy sources [3] Earnings Growth Prospects - The Zacks Consensus Estimate for PPL's earnings shows year-over-year growth of 7.69% for 2025 and 8.24% for 2026, with a long-term growth rate of 7.46% [5] - Duke Energy's earnings are projected to grow by 7.12% in 2025 and 6.24% in 2026, with a long-term growth rate of 6.33% [8] Return on Equity - PPL's current Return on Equity (ROE) is 8.88%, while Duke Energy's ROE is 9.50%, both slightly below the industry average of 9.77% [11] Capital Expenditure Plans - PPL's capital investment plan focuses on infrastructure projects for generation, transmission, and distribution, with a regulated capital investment of $20 billion from 2025 to 2028 [14] - Duke Energy aims to enhance its operations and renewable generation portfolio with an expected expenditure of $83 billion from 2025 to 2029 [15] Valuation Metrics - PPL is trading at a forward earnings multiple of 19.54X, above its five-year median of 16.72X, while Duke Energy's forward earnings multiple is 18.7X, also above its median of 17.64X [16] Dividend Yield - PPL's current dividend yield is 2.99%, and Duke Energy's is 3.46%, both exceeding the S&P 500 Composite average of 1.65% [18] Price Performance - Over the past year, PPL shares have increased by 32.4%, while Duke Energy's shares have risen by 23.1%, both outperforming the industry's growth of 16.8% [19] Conclusion - Both PPL and Duke Energy are making substantial investments to modernize their infrastructure and meet rising electricity demand, presenting significant growth opportunities for investors [22]

PPL Corporation (PPL) is expected to report an improvement in its top line and a decline in its bottom line when it reports first-quarter 2025 results on April 30, before market open. (See the Zacks Earnings Calendar to stay ahead of market-making news)The Zacks Consensus Estimate for PPL’s first-quarter revenues is pegged at $2.38 billion, indicating growth of 3.4% from the year-ago reported figure.The Zacks Consensus Estimate for earnings is pegged at 55 cents per share. The Zacks Consensus Estimate for P ...

Company Performance - PPL's stock closed at $36.25, with a slight increase of +0.03% compared to the previous day, underperforming the S&P 500 which gained 2.03% [1] - Over the past month, PPL's stock has risen by 4.74%, outperforming the Utilities sector's gain of 1.72% and contrasting with the S&P 500's loss of 5.07% [1] Upcoming Earnings - PPL is set to release its earnings report on April 30, 2025, with an expected EPS of $0.55, reflecting a growth of 1.85% year-over-year [2] - The consensus estimate for PPL's revenue is $2.38 billion, indicating a 3.4% increase compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are projected at $1.82 per share and revenue at $8.52 billion, representing increases of +7.69% and +0.71% respectively from the prior year [3] - Recent adjustments to analyst estimates suggest a favorable outlook on PPL's business health and profitability [3] Valuation Metrics - PPL has a Forward P/E ratio of 19.93, which is higher than the industry average of 18.31, indicating that PPL is trading at a premium [6] - The company has a PEG ratio of 2.69, compared to the industry average of 2.72, suggesting a similar valuation relative to expected earnings growth [7] Industry Ranking - The Utility - Electric Power industry, which includes PPL, has a Zacks Industry Rank of 34, placing it in the top 14% of over 250 industries [7] - The Zacks Industry Rank indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Core Insights - The focus is on generating a 7%+ income yield through investments in energy stocks while minimizing principal loss [1] - The investment strategy includes both traditional and renewable energy sectors, targeting international companies with competitive advantages and strong dividend yields [1] Group 1 - The investment group "Energy Profits in Dividends" aims to provide early access to investment ideas and in-depth research for subscribers [1] - The leader of the group emphasizes managing risk through options while providing micro and macro analysis of energy companies [1] - The coverage of energy sectors has been ongoing since 2010, indicating a long-term commitment to analyzing market trends [1]

Core Viewpoint - PPL Corp. has demonstrated strong performance with a 9.4% share price increase over the last six months, significantly outperforming the Zacks Utility-Electric Power industry, which declined by 2.8% [1] Group 1: Capital Investment and Infrastructure - PPL plans to invest $20 billion through 2027 to enhance its infrastructure and reduce outages, focusing on generation, transmission, and distribution projects [2][4] - Over 60% of PPL's capital investment plan is subject to "contemporaneous recovery," which mitigates regulatory lag on earnings, allowing for quicker funding of long-term projects [5] - The company is making systematic investments to upgrade its infrastructure and reduce its carbon footprint, aiming for a net-zero energy system by 2050 [2][6] Group 2: Emission Reduction Initiatives - PPL aims to reduce carbon emissions by 70% by 2035 and 80% by 2040 from 2010 levels, aligning with international climate policy goals [6] - The company is introducing new carbon capture technology and increasing renewable energy sources in its generation portfolio to achieve carbon neutrality by 2050 [7][8] Group 3: Cost Management and Earnings Growth - PPL is targeting a reduction in operating and maintenance costs by at least $175 million through 2026, with $130 million in savings already achieved in 2024 [11][12] - The company expects earnings per share (EPS) of $1.75-$1.87 for 2025, with a Zacks Consensus Estimate of $1.82, indicating year-over-year increases of 7.69% and 7.82% for 2025 and 2026, respectively [13] Group 4: Shareholder Value and Dividends - PPL's current annual dividend is $1.09, with projected growth of 6-8% per year through 2027, contingent on board approval [14][15] - The company maintains a targeted dividend payout ratio of 60-65%, supported by strong earnings and cash flow growth [15] Group 5: Market Position and Valuation - PPL is currently trading at a premium with a forward 12-month P/E ratio of 18.66, compared to the industry average of 13.96 [16] - The company is expected to benefit from rising energy demand in its service territories, with cost-saving initiatives enhancing its margins [18]

Core Viewpoint - PPL Corp. has outperformed the Zacks Utility-Electric Power industry and the Zacks Utilities sector, with a 9.4% increase in shares over the last six months, while the industry declined by 2.8% [1][3]. Investment and Infrastructure - PPL plans to invest $20 billion through 2027 to upgrade its infrastructure, reduce outages, and lower its carbon footprint [2][10]. - The company focuses on capital-intensive projects for generation, transmission, and distribution, which have resulted in fewer outages for customers [10][9]. - Over 60% of PPL's capital investment plan allows for "contemporaneous recovery," minimizing regulatory lag on earnings [11]. Emission Reduction Initiatives - PPL aims to reduce carbon emissions by 70% by 2035 and 80% by 2040 from 2010 levels, aligning with international climate goals [12]. - The company plans to achieve carbon neutrality by 2050 through new carbon capture technology and increased renewable energy sources [13][14]. Cost Management - PPL is targeting a reduction of operating and maintenance costs by at least $175 million through 2026, with $130 million in savings already achieved in 2024 [16]. - The company is implementing scalable technologies to further reduce expenses, which is expected to enhance margins and support earnings growth [17]. Earnings and Shareholder Value - PPL expects earnings per share (EPS) of $1.75-$1.87 for 2025, with a consensus estimate of $1.82, indicating year-over-year increases of 7.69% and 7.82% for 2025 and 2026, respectively [18]. - The current annual dividend is $1.09, with projected growth of 6-8% per year through 2027, consistent with earnings growth expectations [19][20]. Valuation - PPL is currently trading at a premium with a forward 12-month P/E ratio of 18.66, compared to the industry average of 13.96 [21]. - The company is expected to benefit from rising energy demand and cost-saving initiatives, which will enhance margins [26].

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on PPL, and suggests that while the average brokerage recommendation (ABR) indicates a favorable outlook, investors should exercise caution and consider additional analysis tools like Zacks Rank for better investment decisions [1][4][12]. Brokerage Recommendations - PPL has an average brokerage recommendation (ABR) of 1.57, which is between Strong Buy and Buy, based on recommendations from 15 brokerage firms [2]. - Out of the 15 recommendations, 10 are Strong Buy and 1 is Buy, accounting for 66.7% and 6.7% of all recommendations respectively [2]. Limitations of Brokerage Recommendations - Studies indicate that brokerage recommendations have limited success in guiding investors towards stocks with the highest price increase potential [4]. - Analysts often exhibit a positive bias due to the vested interests of their firms, leading to a disproportionate number of favorable ratings compared to negative ones [5][9]. Zacks Rank as an Alternative - Zacks Rank categorizes stocks into five groups based on earnings estimate revisions, which are more effective indicators of near-term stock price performance compared to ABR [7][10]. - The Zacks Rank is timely and reflects the latest earnings estimates, unlike the ABR, which may not be up-to-date [11]. Current Earnings Estimates for PPL - The Zacks Consensus Estimate for PPL remains unchanged at $1.82 for the current year, suggesting stable analyst views on the company's earnings prospects [12]. - Due to the unchanged consensus estimate and other factors, PPL holds a Zacks Rank of 3 (Hold), indicating a cautious approach despite the favorable ABR [13].