PPL Corporation, based in Allentown, Pennsylvania, serves 3.6 million customers with electricity and natural gas. Valued at $26.6 billion, it generates electricity, markets energy, and delivers gas in Kentucky and Rhode Island. Expected to announce Q2 earnings on Jul. 31, analysts predict $0.38 EPS, steady from last year. Full-year EPS forecasted to increase to $1.82.

PPL stock has outperformed S&P 500 and XLU over the past year, rising 25.3%. The company entered a joint venture with Blackstone to build gas-fired generation stations for data centers, aligning with U.S. policies. Investments in grid modernization aim to meet growing demand and enhance reliability, positioning PPL for future growth.

Following Q1 results, PPL’s adjusted EPS of $0.60 beat expectations, with revenue at $2.5 billion. Full-year adjusted EPS expected in the range of $1.75 to $1.87. Analysts hold a “Moderate Buy” consensus on PPL stock, with a price target of $38.20, suggesting a potential 6.2% upside.

Read more at Yahoo Finance: What to Expect From PPL Corporation’s Next Quarterly Earnings Report