PPLNYSE: PPL

ALLENTOWN, Pa. , Nov. 22, 2024 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Nov. 22, 2024, of $0.2575 per share, payable Jan. 2, 2025 to shareowners of record as of Dec.10, 2024.

PPL Corporation's focus on improving infrastructure, managing costs, and meeting the growing demand for its services helps it achieve steady and strong earnings.

PPL's earnings for the third quarter have dropped compared to the same time last year, even though their revenues have gone up. At the same time, their total operating costs have also risen.

PPL (PPL) reported quarterly earnings of $0.42 per share, which is higher than the Zacks Consensus Estimate of $0.39 per share. This is slightly lower than the earnings of $0.43 per share from the same period last year.

The company has reported earnings per share of $0.29 for the third quarter of 2024 according to GAAP. Additionally, the ongoing earnings per share for the same period is $0.42.

PPL Corporation (NYSE:PPL) will hold its Q3 2024 Earnings Conference Call on November 1, 2024, at 11:00 AM ET. The call will feature company representatives, including Andy Ludwig, Vince Sorgi, and Joe Bergstein, along with participants from various financial firms. Please note that all attendees will be in listen-only mode during the call.

PPL's results for the third quarter of 2024 are expected to improve due to higher investments in transmission and continued savings in operating and maintenance expenses.

PPL (PPL) lacks the right mix of the two important factors that could lead to a strong earnings report in its next announcement. Be ready for the main expectations.

PPL (PPL) finished the last trading day at $33.13, which is an increase of 1.38% compared to the day before.