PPL makes a strong case for investment, given its growth prospects, highly liquid operations, efficient debt management and capability to increase shareholders' value.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
PPL Corporation (NYSE:PPL ) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Andy Ludwig - VP, IR Vince Sorgi - President and CEO Joe Bergstein - CFO Conference Call Participants Shar Pourreza - Guggenheim Partners Durgesh Chopra - Evercore ISI David Arcaro - Morgan Stanley Julien Dumoulin-Smith - Jefferies Ryan Levine - Citi Anthony Crowdell - Mizuho Operator Good day and welcome to the PPL Corporation Second Quarter 2024 Earnings Call. All participants will be in a listen-only mode.
PPL's second-quarter earnings beat estimates, while revenues lag the same.
Although the revenue and EPS for PPL (PPL) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PPL (PPL) came out with quarterly earnings of $0.38 per share, beating the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.29 per share a year ago.
PPL's second-quarter 2024 results are likely to benefit from increased transmission investments and ongoing savings in operation and maintenance costs.
The latest trading day saw PPL (PPL) settling at $29.17, representing a +1.39% change from its previous close.
In the most recent trading session, PPL (PPL) closed at $29, indicating a +1.33% shift from the previous trading day.
Both NiSource (NI) and PPL work efficiently and continue to provide reliable services to their customers.
PPL (PPL) concluded the recent trading session at $27.97, signifying a -1.65% move from its prior day's close.
In the closing of the recent trading day, PPL (PPL) stood at $28.22, denoting a +1.95% change from the preceding trading day.