CFRA Downgrades PPL Corp to Hold
Thursday, 1 December 2022, 17:31:01
PPL Corporation – Consensus Indicates Potential .3% Upside
Sunday, 27 November 2022, 17:31:01
PPL Corporation found using ticker (PPL) have now 14 analysts covering the stock with the consensus suggesting a rating of ”Buy”. The target price ranges between 32 and 26 calculating the mean target price we have 29.2. Given that the stocks previous close was at 29.11 this would imply there is a potential upside of .3%. The day 50 moving average is 26.7 and the 200 moving average now moves to 27.93. The company has a market capitalisation of $21,523m. Company Website: https://www.pplweb.com [stock_market_widget type=”chart” template=”basic” color=”green” assets=”PPL” range=”6mo” interval=”1d” axes=”true” cursor=”true” api=”yf”] The potential market cap would be $21,589m based on the market concensus. PPL Corporation, a utility holding company, delivers electricity and natural gas in the United States and the United Kingdom. The company operates through two segments: Kentucky Regulated and Pennsylvania Regulated. It serves approximately 429,000 electric and 333,000 natural gas customers in Louisville and adjacent areas in Kentucky; 538,000 electric customers in central, southeastern, and western Kentucky; and 28,000 electric customers in five counties in southwestern Virginia.
PPL (PPL) presents at 2022 EEI Financial Conference – Slideshow (NYSE:PPL)
Monday, 14 November 2022, 19:12:15
The following slide deck was published by PPL Corporation in conjunction with this event.
— Seeking Alpha
PPL Corp reports results for the quarter ended in September – Earnings Summary
Saturday, 5 November 2022, 08:35:41
* PPL Corp reported quarterly adjusted earnings of 41 cents per share for the quarter ended in September. The mean expectation of twelve analysts for the quarter was for earnings of 42 cents per share. * Revenue rose 41.1% to $2.13 billion from a year ago; analysts expected $1.93 billion. * PPL Corp”s reported EPS for the quarter was 24 cents. * The mean earnings estimate of analysts had fallen by about 4.9% in the last three months. * In the last 30 days four analysts negatively revised earnings estimates * PPL Corp shares had risen by 4.9% this quarter and lost 11.6% so far this year. * The company reported quarterly net income of $174 million. * Wall Street”s median 12-month price target for PPL Corp is $29.00 * The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 11 “strong buy” or “buy,” 5 “hold” and no “sell” or “strong sell.” This summary was machine generated from Refinitiv data November 4 at 01:35 p.m. All figures in US dollars unless otherwise stated.
— Kalkine Media
PPL Corp : Profits of 41 cents announced for third quarter
Saturday, 5 November 2022, 08:35:40
4 November 2022 01:35 p.m. All figures in US dollars. The profits announced by PPL Corp in the third quarter were lower than the Refinitiv mean estimate of profits. The company reported profits of 41 cents per share, 5 cents higher than the same quarter last year when the company reported EPS of 36 cents. Profits of 42 cents per share were anticipated by the twelve analysts providing estimates for the quarter. Wall Street expected results to range from 39 cents to 49 cents per share, with a forecasted mean of 42 cents per share. The company reported revenue of $2.13 billion, which is higher than the estimated $1.93 billion. RECOMMENDATIONS * The consensus recommendation for the company is “Buy”. * The average consensus recommendation for the multiline utilities peer group is also “Buy”. FORECAST CHANGES * Nine analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There was no change to the number of estimates.
— Kalkine Media
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