PPL Corporation is set to announce its latest quarterly earnings on Thursday, May 7th. Analysts expect an EPS of $0.61.
Today, PPL's stock price stands at $39, marking a positive change of 24.5 cents (0.632%) from the previous close. Trading volume is higher than average at $1.58 million.
In the last quarterly report on February 19th, PPL exceeded expectations with an EPS of $0.42. The consensus estimate for revenue was $2.42 billion.
PPL offers a forward dividend yield of 2.92%. The company distributed a dividend per share of 28.5 cents in the most recent quarter.
Recently, Wells Fargo upgraded PPL to "Overweight" from "Hold," reflecting positive sentiment among analysts.
PPL reported a net decrease in cash of $33 million, with operating cash flow at $548 million. Debt repayment amounted to $395 million.
PPL's net income for the period was $266 million, with an EPS of 36 cents. The company achieved a gross profit of $587 million.
Key ratios for PPL include a net profit margin of 11.7% and a debt-equity ratio of 130.03, indicating a balanced financial structure.
With total assets of $45.24 billion and total debt at $19.35 billion, PPL maintains a strong financial position.
This comprehensive overview provides investors with valuable insights into PPL Corporation's financial performance and market position.
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.