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via finance.yahoo.comMarkets

PPL third-quarter earnings beat Wall Street expectations

FROM THE WIRE · FINANCE.YAHOO.COM

ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — PPL Corp. (PPL) on Friday reported third-quarter net income of $367 million. The Allentown, Pennsylvania-based company said it had net income of 49 cents per share. Earnings, adjusted for non-recurring costs and costs related to…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above estimates for a utility can support the share price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01PPL reported third-quarter net income of 367 million dollars, or 49 cents per share.
  2. 02Adjusted earnings were 54 cents per share versus an estimate of 53 cents.
  3. 03Revenue of 2.5 billion dollars beat Street forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
PPL CorporationPPLStock36.00 USDMarket closedtoday +0.78%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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