PPL (PPL) Stock Drops Despite Market Gains: Important Facts to Note

Core Viewpoint - Analysts and investors are closely monitoring PPL's upcoming earnings disclosure, with projected earnings per share (EPS) of $0.31, indicating a 6.9% increase year-over-year, and quarterly revenue expected to reach $1.91 billion, up 4.73% from the previous year [1] Company Performance - PPL's shares closed at $27.91, reflecting a -0.61% change from the previous day, underperforming compared to the S&P 500's daily gain of 0.77% [5] - Over the past month, PPL's shares have decreased by 5.1%, contrasting with the Utilities sector's loss of 3.86% and the S&P 500's gain of 3.71% [9] Earnings Estimates - For the full year, analysts expect PPL to report earnings of $1.71 per share and revenue of $8.26 billion, representing changes of +6.88% and -0.62% respectively from the previous year [6] - Recent adjustments to analyst estimates for PPL suggest a favorable outlook on the company's business health and profitability [10] Valuation Metrics - PPL's PEG ratio is currently at 2.41, compared to the Utility - Electric Power industry's average PEG ratio of 2.6 [3] - The company is trading at a Forward P/E ratio of 16.42, which is a premium compared to the industry's average Forward P/E of 15 [11] Industry Context - The Utility - Electric Power industry is part of the broader Utilities sector, currently holding a Zacks Industry Rank of 95, placing it in the top 38% of over 250 industries [8]