PPL Expects 2024 EPS Of $1.63-$1.75 (Est $1.70)
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation projects its 2024 earnings per share (EPS) to be in the range of $1.63-$1.75, with a midpoint of $1.69, indicating a 7% increase over the 2023 ongoing EPS target. This projection aligns with the company's targeted growth rate.
February 16, 2024 | 1:04 pm
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PPL Corporation expects its 2024 EPS to range between $1.63 and $1.75, with the midpoint at $1.69, representing a 7% increase from its 2023 target, aligning with its growth goals.
The announcement of a projected increase in EPS for 2024 suggests a positive outlook for PPL Corporation's financial performance. This is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term. The projection aligns with the company's targeted growth rate, reinforcing confidence in its strategic direction and operational efficiency.
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