• PPL Corp PPL.N reported quarterly adjusted earnings of 34 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 40 cents. The mean expectation of thirteen analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 35 cents to 40 cents per share.

• Revenue rose 8.9% to $2.21 billion from a year ago; analysts expected $2.05 billion.

• PPL Corp's reported EPS for the quarter was 24 cents​.

• The company reported quarterly net income of $177 million.

• PPL Corp shares had risen by 6.3% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.9% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the multiline utilities peer group is also "buy"

Wall Street's median 12-month price target for PPL Corp is $36.50

This summary was machine generated from LSEG data February 13 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)