PPL Corp. (PPL) Tops Q4 EPS by 2c, provides guidance

PPL Corp. (NYSE: PPL) reported Q4 EPS of $0.40, $0.02 better than the analyst estimate of $0.38. Revenue for the quarter came in at $2.03 billion versus the consensus estimate of $2.24 billion.

Guidance:
PPL today announced a 2024 earnings forecast range of $1.63 to $1.75 per share, versus the consensus of $1.70
Extends 6% to 8% annual EPS and dividend growth targets through at least 2027.
Increases capital plan to more than $14 billion through 2027, raising rate br growth to 6.3%.
Updated plan maintains strong credit metrics without the need for equity issuances.
Announces 7.3% increase in quarterly common stock dividend.

For earnings history and earnings-related data on PPL Corp. (PPL) click here.

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