The company is set to announce its latest quarterly earnings on Thursday, May 7th. Analysts estimate an earnings per share (EPS) of $0.61.
PPL Corporation (PPL) is currently priced at $39.09, marking a 0.916% increase from the previous close. The trading volume is at $964,850, reflecting a 10.58% increase relative to the average.
In the last earnings report on Thursday, February 19th, PPL reported an EPS of $0.42. The consensus estimate for revenue was $2.42 billion.
PPL offers a forward dividend yield of 2.92%. The dividend per share for the most recent quarter was 28.5 cents.
Wells Fargo recently upgraded PPL to an "Overweight" rating, maintaining a hold action on the stock.
The company saw a net change in cash of -$33 million. Operating cash flow was reported at $548 million.
PPL reported a revenue of $2.27 billion, resulting in a net income of $266 million. The EPS stood at 36 cents.
Key ratios include a net profit margin of 11.7% and a return on equity of 1.79%.
PPL's total assets amount to $45.24 billion, with total liabilities at $30.36 billion, resulting in a net debt of $18.26 billion.
This comprehensive overview provides insight into PPL Corporation's financial status and performance leading up to its upcoming earnings announcement.
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia. The company also provides electric services to approximately 1.4 million customers in Pennsylvania; and generates electricity from coal, gas, hydro, and solar sources in Kentucky; and sells wholesale electricity to two municipalities in Kentucky. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.