PPL Corporation (NYSE:PPL ) Q4 2024 Earnings Conference Call February 13, 2025 11:00 AM ET Company Participants Andy Ludwig - Vice President of Investor Relations Vincent Sorgi - President and Chief Executive Officer Joseph Bergstein - Executive Vice President and Chief Financial Officer Conference Call Participants Durgesh Chopra - Evercore ISI Paul Zimbardo - Jefferies James Kennedy - Guggenheim Securities LLC Jeremy Tonet - JPMorgan Chase & Co. Paul Patterson - Glenrock Associates Agnieszka Storozynski - Seaport Research Partners David Paz - Wolfe Research Operator Good day, and welcome to the PPL Corporation Fourth Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
PPL's fourth-quarter earnings decrease year over year while revenues increase. Total operating expenses increase during the same period.
PPL (PPL) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.40 per share a year ago.
PPL's fourth-quarter results are expected to benefit from higher sales volume and cost savings initiatives of the company.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for PPL (PPL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
PPL (PPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
PPL (PPL) closed at $33.61 in the latest trading session, marking a -0.59% move from the prior day.
PPL's transformative moves in 2021 included divesting UK assets and acquiring Narragansett, reducing net debt but cutting earnings power significantly. Despite a 40% rise in shares since fall 2023, PPL's high leverage and massive capital spending needs remain concerning. The company projects modest earnings and dividend growth in 2024, but net debt continues to rise due to elevated capital spending.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
PPL (PPL) closed at $32.74 in the latest trading session, marking a +0.24% move from the prior day.
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 (PPL) closed the most recent trading day at $33.25, moving +0.24% from the previous trading session.