PPL Q2 2024 Adj. EPS $0.38 Beats $0.33 Estimate, Sales $1.880B Beat $1.642B Estimate
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation (NYSE:PPL) reported strong Q2 2024 results, with adjusted EPS of $0.38 beating estimates by 15.15% and sales of $1.880 billion surpassing expectations by 14.53%. Both metrics showed significant year-over-year growth.
August 02, 2024 | 11:34 am
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PPL Corporation reported Q2 2024 adjusted EPS of $0.38, beating the $0.33 estimate by 15.15%. Sales of $1.880 billion also exceeded the $1.642 billion estimate by 14.53%. Both earnings and sales showed significant year-over-year growth.
PPL's strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact the stock price in the short term. The year-over-year growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100