PPL Q2 Adj. EPS $0.29 Misses $0.32 Estimate, Sales $1.82B Beat $1.73B Estimate
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation reported Q2 earnings of $0.29 per share, missing the analyst consensus estimate of $0.32 by 9.38%. This is a 3.33% decrease from the same period last year. However, the company's quarterly sales of $1.82 billion beat the analyst consensus estimate of $1.73 billion by 5.68%, marking a 7.49% increase from the same period last year.
August 04, 2023 | 3:15 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
PPL's Q2 earnings per share missed estimates, but sales exceeded expectations. This mixed result could lead to uncertainty in the market.
PPL's earnings per share fell short of analyst estimates, which could negatively impact the stock. However, the company's sales exceeded expectations, which could offset some of the negative impact. The mixed results could lead to uncertainty among investors, potentially causing volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100