PPL beats revenue expectations despite earnings miss

Investing.com · 2026-11-06 12:46 UTC

PPL beats revenue expectations despite earnings miss

Investing.com - PPL Corporation (NYSE:PPL) reported third-quarter adjusted earnings of $0.54 per share, beating the analyst estimate of $0.53 per share, though GAAP earnings of $0.49 per share missed expectations.

Revenue reached $2.5 billion, surpassing the consensus estimate of $2.42 billion and rising 12% YoY from $2.24 billion in the prior-year period.

The company narrowed its 2026 adjusted earnings forecast to $1.92 to $1.96 per share, maintaining the midpoint of $1.94 per share. For 2027, PPL issued guidance of $2.06 to $2.14 per share, with a midpoint of $2.10 per share representing an 8.2% increase over the 2026 midpoint.

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