PPL Analysts Cut Their Forecasts After Q1 Earnings

Benzinga05-12

PPL Corp (NYSE:PPL) on Friday reported better-than-expected earnings for the first quarter.

The company posted quarterly earnings of 63 cents per share which beat the analyst consensus estimate of 62 cents per share. The company reported quarterly sales of $2.774 billion which beat the analyst consensus estimate of $2.668 billion.

PPL affirmed FY2026 adjusted EPS guidance of $1.90-$1.98.

“Our first-quarter results reflect strong financial and operational results and keep us on track to achieve our 2026 earnings guidance range,” said Vincent Sorgi, PPL president and chief executive officer. “We’re on pace to complete $5.1 billion in 2026 infrastructure investments to strengthen and modernize our electric and gas networks, build new generation resources in Kentucky and improve customer service while maintaining affordability for our customers.”

PPL shares rose 0.6% to trade at $36.12 on Monday.

These analysts made changes to their price targets on PPL following earnings announcement.

BMO Capital analyst James Thalacker maintained PPL with an Outperform rating and lowered the price target from $42 to $40.
Barclays analyst Theresa Chen maintained the stock with an Overweight rating and cut the price target from $41 to $39.

Considering buying PPL stock? Here’s what analysts think:

Photo via Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2634231949?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-12 02:46","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2634231949","market":"us","top_or_hot":-1,"title":"PPL Analysts Cut Their Forecasts After Q1 Earnings","media":"Benzinga","content":"<html><body><p><strong>PPL Corp</strong> (NYSE:PPL) on Friday reported better-than-expected earnings for the first quarter.</p>\n<p>The company posted quarterly earnings of 63 cents per share which beat the analyst consensus estimate of 62 cents per share. The company reported quarterly sales of $2.774 billion which beat the analyst consensus estimate of $2.668 billion.</p>\n<p>PPL affirmed FY2026 adjusted EPS guidance of $1.90-$1.98.</p>\n<p>“Our first-quarter results reflect strong financial and operational results and keep us on track to achieve our 2026 earnings guidance range,” said Vincent Sorgi, PPL president and chief executive officer. “We’re on pace to complete $5.1 billion in 2026 infrastructure investments to strengthen and modernize our electric and gas networks, build new generation resources in Kentucky and improve customer service while maintaining affordability for our customers.”</p>\n<p>PPL shares rose 0.6% to trade at $36.12 on Monday.</p>\n<p>These analysts made changes to their price targets on PPL following earnings announcement.</p>\n<ul>\n<li>BMO Capital analyst James Thalacker maintained PPL with an Outperform rating and lowered the price target from $42 to $40.</li>\n<li>Barclays analyst Theresa Chen maintained the stock with an Overweight rating and cut the price target from $41 to $39.</li>\n</ul>\n<p><strong>Considering buying PPL stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"439\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-1024x439.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-1024x439.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-300x129.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-768x329.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270.png 1300w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PPL Analysts Cut Their Forecasts After Q1 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPPL Analysts Cut Their Forecasts After Q1 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2026-05-12 02:46</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p><strong>PPL Corp</strong> (NYSE:PPL) on Friday reported better-than-expected earnings for the first quarter.</p>\n<p>The company posted quarterly earnings of 63 cents per share which beat the analyst consensus estimate of 62 cents per share. The company reported quarterly sales of $2.774 billion which beat the analyst consensus estimate of $2.668 billion.</p>\n<p>PPL affirmed FY2026 adjusted EPS guidance of $1.90-$1.98.</p>\n<p>“Our first-quarter results reflect strong financial and operational results and keep us on track to achieve our 2026 earnings guidance range,” said Vincent Sorgi, PPL president and chief executive officer. “We’re on pace to complete $5.1 billion in 2026 infrastructure investments to strengthen and modernize our electric and gas networks, build new generation resources in Kentucky and improve customer service while maintaining affordability for our customers.”</p>\n<p>PPL shares rose 0.6% to trade at $36.12 on Monday.</p>\n<p>These analysts made changes to their price targets on PPL following earnings announcement.</p>\n<ul>\n<li>BMO Capital analyst James Thalacker maintained PPL with an Outperform rating and lowered the price target from $42 to $40.</li>\n<li>Barclays analyst Theresa Chen maintained the stock with an Overweight rating and cut the price target from $41 to $39.</li>\n</ul>\n<p><strong>Considering buying PPL stock? Here’s what analysts think:</strong></p>\n<figure><img decoding=\"async\" height=\"439\" loading=\"lazy\" sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-1024x439.png\" srcset=\"https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-1024x439.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-300x129.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270-768x329.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2026/05/11144515/image-270.png 1300w\" width=\"1024\"/></figure>\n<p><em>Photo via Shutterstock</em></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PPL","symbol_name":"宾州电力","start_time":0,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/05/52464291/ppl-analysts-cut-their-forecasts-after-q1-earnings","article_id":"2634231949","we_media_id":"1052270027","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2634231949","pubTimestamp":1778525196,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Benzinga","introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"summary":"PPL Corp (NYSE:PPL) reported strong Q1 earnings, beating analyst estimates. Company maintains FY2026 EPS guidance and analysts have mixed price targets.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PPL":"宾州电力"},"translate_title":"PPL分析师在第一季度盈利后下调预测","themeId":"11c8fbbf839f433c9d274cef5f173382","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PPL":1.5},"content_text":"PPL Corp (NYSE:PPL) on Friday reported better-than-expected earnings for the first quarter.\nThe company posted quarterly earnings of 63 cents per share which beat the analyst consensus estimate of 62 cents per share. The company reported quarterly sales of $2.774 billion which beat the analyst consensus estimate of $2.668 billion.\nPPL affirmed FY2026 adjusted EPS guidance of $1.90-$1.98.\n“Our first-quarter results reflect strong financial and operational results and keep us on track to achieve our 2026 earnings guidance range,” said Vincent Sorgi, PPL president and chief executive officer. “We’re on pace to complete $5.1 billion in 2026 infrastructure investments to strengthen and modernize our electric and gas networks, build new generation resources in Kentucky and improve customer service while maintaining affordability for our customers.”\nPPL shares rose 0.6% to trade at $36.12 on Monday.\nThese analysts made changes to their price targets on PPL following earnings announcement.\n\nBMO Capital analyst James Thalacker maintained PPL with an Outperform rating and lowered the price target from $42 to $40.\nBarclays analyst Theresa Chen maintained the stock with an Overweight rating and cut the price target from $41 to $39.\n\nConsidering buying PPL stock? Here’s what analysts think:\n\nPhoto via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2634231949","isCrawlerRequest":true}