PPL Q3 2024 Adj. EPS $0.42, Inline, Sales $2.066B Beat $1.914B Estimate
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation reported Q3 2024 earnings per share of $0.42, meeting analyst expectations, but down 2.33% from last year. Sales were $2.066 billion, surpassing estimates by 7.92% and increasing 1.13% from the previous year.
November 01, 2024 | 11:33 am
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PPL Corporation's Q3 2024 earnings per share met expectations at $0.42, but sales exceeded estimates by 7.92%, indicating strong revenue performance.
PPL's earnings per share met expectations, which is neutral, but the significant beat in sales estimates by 7.92% suggests strong operational performance. This positive revenue surprise is likely to have a favorable impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100