PPL (NYSE:PPL) reported its Q2 earnings results on Wednesday, August 3, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
PPL beat estimated earnings by 3.45%, reporting an EPS of $0.3 versus an estimate of $0.29.
Revenue was up $408.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 1.49% increase in the share price the next day.
Here's a look at PPL's past performance:
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
PPL management provided guidance for FY 2022, expecting earnings between $1.4 and $1.55 per share.
To track all earnings releases for PPL visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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