Despite PPL's rising estimates, strong ROA and earnings surprise history, our suggestion for investors is to wait and look for a better entry point, as the stock is trading at a premium.
PPL (PPL) concluded the recent trading session at $31.68, signifying a -0.16% move from its prior day's close.
PPL (PPL) closed at $31.73 in the latest trading session, marking a -1.67% move from the prior day.
PPL (PPL) reachead $32.46 at the closing of the latest trading day, reflecting a +0.22% change compared to its last close.
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?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
PPL Corporation's investment in infrastructure, cost management and rising demand for its services allows it to come out with consistent strong earnings performance.
PPL Corporation (NYSE:PPL ) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Andy Ludwig - Vice President of Investor Relations Vince Sorgi - President & Chief Executive Officer Joe Bergstein - Chief Financial Officer Conference Call Participants Shar Pourreza - Guggenheim Partners David Arcaro - Morgan Stanley Jeremy Tonet - JPMorgan Durgesh Chopra - Evercore ISI Paul Zimbardo - Jefferies Angie Storozynski - Seaport David Paz - Wolfe Gregg Orrill - UBS Operator Good day and welcome to the PPL Corporation Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
PPL's third-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 $0.42 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.43 per share a year ago.
PPL's third-quarter 2024 results are likely to benefit from increased transmission investments and ongoing savings in operation and maintenance costs.
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.