Published on 27 May 2024 on Zacks via Yahoo Finance
Here's Why You Should Add PPL to Your Portfolio Right Now
PPL Corporation’s PPL strategic investment plans should strengthen its infrastructure. The company’s focus on clean generation and growth in domestic operations boost its earnings performance. Given its growth opportunities, PPL makes for a solid investment option in the utility sector.Let’s focus on the factors that make this Zacks Rank #2 (Buy) company a strong investment pick at the moment.
Growth Projections
The Zacks Consensus Estimate for PPL’s 2024 earnings per share (EPS) has increased 0.6% to $1.71 in the past 30 days. The Zacks Consensus Estimate for 2025 EPS has increased 0.5% to $1.84 in the past 30 days. PPL’s long-term (three to five years) earnings growth rate is 6.82%.