PPL stock closed lower than S&P 500, analysts project $0.42 per share earnings next quarter.

From Nasdaq: 2024-10-03 18:15:22

PPL (PPL) closed at $32.75, down -0.94% from the previous session, lower than S&P 500. PPL stock had gained 2.64% in the past month, slightly lagging in the Utilities sector. Analysts project earnings of $0.42 per share and revenue of $2.15 billion for the next quarter.

PPL is currently rated a #2 (Buy) on the Zacks Rank with a 0.03% increase in EPS estimate. The stock has a Forward P/E ratio of 19.24, higher than the industry average. The Utility – Electric Power industry ranks in the top 19% of all industries.

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