PPL (NYSE:PPL) reported its Q1 earnings results on Thursday, May 4, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

PPL beat estimated earnings by 4.35%, reporting an EPS of $0.48 versus an estimate of $0.46.

Revenue was up $633.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 1.27% 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 2023, expecting earnings between $1.5 and $1.65 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.