PPL Corporation (NYSE:PPL) utility firm delivers electricity and natural gas, is reporting second quarter earnings results on Monday 10th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.54 per share.
For the full year, analysts predict revenues of $ 7997.84 million, while looking forward to income of $ 2.41 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.40 ~ $ 2.60 per share
Click Here For More Historical Outlooks Of PPL Corporation
Previous Quarter Performance
PPL Corporation came out with income for the first quarter of $ 0.67 per share, from the revenue of $ 2,054.00 million. The quarterly earnings fell 4.29 percent while revenues decreased 6.32 percent compared with the same quarter last year.
Street analysts expected PPL Corporation to report income of $ 0.71 per share on revenue of $ 2167.86 million for the first quarter. The bottom line results missed street analysts by $ 0.04 or 5.63 percent, at the same time, top line results fell short of analysts by $ 113.86 million or 5.25 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of PPL Corporation
Stock Performance
According to the previous trading day, closing price of PPL was $ 27.14, representing a 49.78 % increase from the 52 week low of $ 18.12 and a 26.31 % decrease over the 52 week high of $ 36.83.
The company has a market capital of $ 20.86 billion and is part of the Utilities sector and Utilities – Regulated Electric industry.
[stock_market_widget type=”chart” template=”basic” color=”orange” assets=”PPL” range=”1y” interval=”1mo” axes=”true” cursor=”true” api=”yf” style=”height: 400px;”]
Recent Analyst recommendations
- On 17th June 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 27.00 target price.
- On 12th June 2020, maintained by Bank of America at Neutral rating, with $ 27.00 target price.
Recent Stock Dividend Announcement
On May 13, 2020, the board of directors authorized quarterly dividend of $ 0.415 per share to holders of record as of the close of business on June 10, 2020, with payment date of July 1, 2020 and ex-dividend date on June 9, 2020.
Conference Call
PPL Corporation will be hosting a conference call at 11:00 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.pplweb.com
PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through three segments: U.K. Regulated, Kentucky Regulated, and Pennsylvania Regulated.
