How Is PPL Corporation's Stock Performance Compared to Other Utilities Stocks?

Core Insights - PPL Corporation is a large-cap utility company with a market capitalization of $25 billion, serving approximately 3.6 million customers in electricity and natural gas [1][2] Company Overview - PPL operates in the regulated electric industry, generating electricity and marketing wholesale and retail energy and natural gas, with a diversified presence in Kentucky, Pennsylvania, and Rhode Island [1][2] - The company's business model is stable and regulated, providing predictable revenue and reasonable returns, contributing to its financial stability [2] Stock Performance - PPL's stock has experienced a decline of 11.7% from its 52-week high of $38.27, reached on October 16, and has underperformed the Utilities Select Sector SPDR Fund (XLU) with a 5.4% decline over the past three months compared to XLU's 2.8% gain [3][4] - Over a six-month period, PPL shares have fallen marginally, but they have increased by 2% over the past 52 weeks, underperforming XLU's six-month gains of 6% and 8.7% returns over the last year [4] Recent Financial Results - In Q3, PPL reported an adjusted EPS of $0.48, surpassing Wall Street's expectation of $0.46, and revenue of $2.24 billion, exceeding the forecast of $2.17 billion [5] - The company anticipates a full-year adjusted EPS in the range of $1.78 to $1.84 [5] Competitive Landscape - Eversource Energy has outperformed PPL in the utility sector, showing a 3.3% increase over six months and 12.6% gains over the past 52 weeks [6]