PPL's first-quarter results are expected to benefit from higher sales volume, smart investments to strengthen the grid and cost savings initiatives of the company.
The latest trading day saw PPL (PPL) settling at $36.25, representing a +0.03% change from its previous close.
PPL (PPL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PPL Corporation operates as a regulated utility in Rhode Island, Pennsylvania, and Kentucky, with a large customer base and stable revenue growth. Kentucky is the largest earnings contributor, while Pennsylvania shows potential due to new data centers supporting AI deployment. The company is investing more money in Kentucky over the next four years than elsewhere, but it is not neglecting Pennsylvania.
PPL, Xcel Energy and American Electric Power are included in this Analyst Blog.
Despite PPL's rising estimates and systematic expenditure to strengthen operations, our suggestion for investors is to wait and look for a better entry point, as the stock is trading at a premium.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
In the most recent trading session, PPL (PPL) closed at $34.16, indicating a +1.85% shift from the previous trading day.
PPL (PPL) reachead $36.23 at the closing of the latest trading day, reflecting a +0.28% change compared to its last close.
In the most recent trading session, PPL (PPL) closed at $36.06, indicating a -0.14% shift from the previous trading day.
PPL (PPL) reachead $34.60 at the closing of the latest trading day, reflecting a +1.53% change compared to its last close.
PPL stock is likely to continue benefiting from constructive regulatory jurisdiction, stable capital investment and rising demand in its service territories.