PPL Corporation Q4 adjusted earnings Beat Estimates

(RTTNews) - PPL Corporation (PPL) released a profit for fourth quarter that dropped from the same period last year.

The company's earnings came in at $364 million, or $0.48 per share. This compares with $415 million, or $0.57 per share, in last year's fourth quarter.

Excluding items, PPL Corporation reported adjusted earnings of $431 million or $0.57 per share for the period.

Analysts had expected the company to earn $0.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.5% to $1.95 billion from $1.94 billion last year.

PPL Corporation earnings at a glance:

-Earnings (Q4): $431 Mln. vs. $382 Mln. last year. -EPS (Q4): $0.57 vs. $0.52 last year. -Analysts Estimate: $0.53 -Revenue (Q4): $1.95 Bln vs. $1.94 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.