PPL Narrowed Its 2024 Ongoing EPS Forecast Range To $1.67-$1.73 (Vs. $1.71 Consensus) From $1.63-$1.75; The Company Reaffirmed Projected Annual EPS And Dividend Growth Of 6%-8% Through At Least 2027
Portfolio Pulse from Benzinga Newsdesk
PPL Corporation has adjusted its 2024 earnings forecast range to $1.67-$1.73 per share, slightly increasing the midpoint to $1.70. The company also reaffirmed its projected annual EPS and dividend growth of 6%-8% through at least 2027.
November 01, 2024 | 11:41 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PPL Corporation has narrowed its 2024 earnings forecast range to $1.67-$1.73 per share, with a new midpoint of $1.70. The company also reaffirmed its annual EPS and dividend growth projections of 6%-8% through 2027.
The narrowing of the EPS forecast range and the slight increase in the midpoint suggest a more focused and potentially optimistic outlook for 2024. The reaffirmation of EPS and dividend growth through 2027 indicates stability and potential for long-term growth, which is positive for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100