PPL Reaffirms 2024 Adjusted EPS Of $1.63 To $1.75 With A Midpoint Of $1.69 Vs. $1.71 Est.; Reaffirms Projected Annual EPS And Dividend Growth Of 6% To 8% Through At Least 2027
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation has reaffirmed its 2024 adjusted EPS forecast range of $1.63 to $1.75, with a midpoint of $1.69, slightly below the $1.71 estimate. The company also reaffirmed its projected annual EPS and dividend growth of 6% to 8% through at least 2027.
August 02, 2024 | 11:38 am
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PPL Corporation reaffirmed its 2024 adjusted EPS forecast range of $1.63 to $1.75, with a midpoint of $1.69, slightly below the $1.71 estimate. The company also reaffirmed its projected annual EPS and dividend growth of 6% to 8% through at least 2027.
The reaffirmation of the EPS forecast and dividend growth is a positive signal for investors, indicating stability and growth. However, the midpoint of the EPS forecast is slightly below the estimate, which may neutralize the impact in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100