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PPL Corp (PPL) to Report Q4 Earnings: What's in the Cards?

Zacks Equity Research
·3-min read

PPL Corporation PPL is set to release fourth-quarter 2019 results on Feb 14, before market open. The company has trailing four-quarter positive earnings surprise of 1.40%, on average.

Let’s see how things are placed ahead of the upcoming quarterly announcement.

Factors to Consider

PPL Corp is focused on modernizing and reshaping its infrastructure as well as technology to strengthen grid resilience and improve service quality. Thus, the company consistently makes investments in infrastructure. It has the ability to recover more than 80% of its investments within 12 months. These are likely to have made a positive impact on the company’s performance in to-be-reported quarter.

In third-quarter earnings call, the company announced that PPL Electric Utilities had nearly completed a $470 million multi-year advanced meter replacement project in Pennsylvania. Also, PPL Corp had completed construction of a new community solar facility in late July. These developments are expected to have boosted fourth-quarter results.

PPL Corporation Price and EPS Surprise


PPL Corporation Price and EPS Surprise
PPL Corporation Price and EPS Surprise

PPL Corporation price-eps-surprise | PPL Corporation Quote


Q4 Estimates

The Zacks Consensus Estimate for fourth-quarter earnings is pegged at 53 cents, which indicates a rise of 1.92% year over year.

Earnings Whispers

Our proven model doesn’t conclusively predict an earnings beat for PPL Corp this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that’s not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.

Earnings ESP: The company’s Earnings ESP is 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: Currently, PPL Corp carries a Zacks Rank #2.

Other Stocks to Consider

Investors can consider the following players from the same industry  that have the right combination of elements to post an earnings beat in the to-be-reported quarter.

Duke Energy Corporation DUK is slated to release fourth-quarter 2019 results on Feb 13. It has an Earnings ESP of +0.38% and a Zacks Rank #3.

Ameren Corporation AEE is set to release fourth-quarter 2019 numbers on Feb 26. It has an Earnings ESP of +2.73% and carries a Zacks Rank #3.

CenterPoint Energy, Inc. CNP is scheduled to release fourth-quarter 2019 results on Feb 27. It has an Earnings ESP of +1.09% and a Zacks Rank #3.

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