PPL Reaffirms Its 2024 Earnings Forecast Range Of $1.63-$1.75 Per Share, With A Midpoint Of $1.69 Per Share, Annual Earnings Per Share Growth Of 6%-8% Through At Least 2027; $14.3B Capital Investment Plan For 2024-2027
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation reaffirmed its 2024 earnings forecast, expecting $1.63-$1.75 per share with a midpoint of $1.69. It also projects a 6%-8% annual EPS growth through at least 2027, alongside a $14.3B capital investment plan for 2024-2027.

April 02, 2024 | 3:34 pm
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PPL Corporation reaffirmed its 2024 earnings forecast of $1.63-$1.75 per share, with a midpoint of $1.69, and its annual EPS growth projection of 6%-8% through at least 2027, along with a $14.3 billion capital investment plan for 2024-2027.
Reaffirming both the earnings forecast and the substantial capital investment plan signals strong confidence in PPL's future growth and operational stability. This positive outlook is likely to be well-received by investors, potentially leading to a short-term positive impact on PPL's stock price. The detailed investment plan and expected growth rate further reinforce the company's commitment to long-term value creation.
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