PPL Corp (NYSE: PPL) has reported E.P.S. of $0.31 for its third fiscal quarter (ending September 30) versus $0.24 for the same period a year ago — an increase of 29%. However, this result fell short of the consensus estimate of $0.42 by $-0.11. For the latest four quarters through September 30, E.P.S. were $1.05 compared to $0.96 a year ago — an increase of 9%.
Recent Price Action
PPL Corp (NYSE: PPL) stock increased 1.5% on 11/2/23. The shares closed at $25.08. The stock has performed in line with the market over the last nine months and has risen 2.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PPL is expected to continue to be a Value Builder.
PPL has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PPL has a slightly positive Appreciation Score of 69 and a neutral Power Rating of 44, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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