Investing.com - PPL (NYSE:PPL) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
PPL announced earnings per share of $0.19 on revenue of $1.28B. Analysts polled by Investing.com anticipated EPS of $0.325 on revenue of $1.29B.
PPL shares are down 0% from the beginning of the year, still down 7.69% from its 52 week high of $30.80 set on November 24, 2020. They are under-performing the S&P 500 which is up 17.22% from the start of the year.
PPL shares lost 0.25% in pre-market trade following the report.
PPL follows other major Utilities sector earnings this month
PPL's report follows an earnings beat by NextEra Energy on July 23, who reported EPS of $0.71 on revenue of $3.93B, compared to forecasts EPS of $0.6977 on revenue of $4.97B.
Duke Energy had beat expectations on Thursday with second quarter EPS of $1.15 on revenue of $5.76B, compared to forecast for EPS of $1.1 on revenue of $5.91B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar