Previous Close | 27.46 |
Open | 27.70 |
Bid | 27.40 x 4000 |
Ask | 28.30 x 1200 |
Day's Range | 27.47 - 28.23 |
52 Week Range | 22.20 - 28.93 |
Volume | |
Avg. Volume | 4,961,829 |
Market Cap | 20.656B |
Beta (5Y Monthly) | 0.83 |
PE Ratio (TTM) | 28.00 |
EPS (TTM) | 1.00 |
Earnings Date | May 01, 2024 |
Forward Dividend & Yield | 1.03 (3.75%) |
Ex-Dividend Date | Mar 07, 2024 |
1y Target Est | 29.42 |
PPL's first-quarter earnings is better than expected. The company benefits from strong electricity sales volume.
Energy company PPL Corp reported better-than-expected first-quarter earnings on Wednesday, benefiting from higher transmission revenue and lower operating costs, as the company moved to expand its customer base with several gigawatts of new data center capacity. PPL benefited from higher sales volumes, increased transmission and distribution revenue and lower operating costs, said executives with the electric utility and natural gas company, which has service areas including Kentucky, Pennsylvania and Rhode Island.
Detailed Analysis of PPL Corp's First Quarter Financial Performance