PPL Corporation (NYSE:PPL) , a diversified utility holding company, has operations in the U.S. and the UK. PPL Corp.’s organic growth strategy, systematic investments in utility infrastructure development projects and focus on enhancing customer service are commendable.
Estimate Trend & Surprise History
Investors should note that the first quarter Zacks Consensus Estimate of 66 cents per share has gone down by 4.3% over the last 60 days.
Coming to the earnings surprise, PPL Corp. has surpassed the Zacks Consensus Estimate in the last four trailing quarters, resulting in a positive average surprise of 6.06%.
Zacks Rank: Currently, PPL Corp. has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
However, since the latest earnings performance is yet to be reflected in the estimate revisions, the rank is subject to change.
We have mentioned below some of the vital information from this just-revealed announcement:
Earnings: PPL Corp. reported first quarter 2018 earnings of 74 cents per share, beating the Zacks Consensus Estimate of 66 cents by 12.1%.
Revenue: PPL Corp. posted revenues of $2,126 million in the first quarter, beating the Zacks Consensus Estimate of $1,983 million by 7.2%.
Stock Price: It would be interesting to see how the market reacts to the results during the trading session today.
Check back later for our full write up on this PPL Corporation earnings report later!
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PPL Corporation (PPL): Free Stock Analysis Report
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