PPL Corp

PPL: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$26.00	Qtsbd	Hmvsthymh

PPL Positioned for Long-Term Growth Across Utilities

Andrew Bischof

Feb 21, 2023

Business Strategy and Outlook

We expect PPL to spend more than $15 billion at its U.S. utilities through 2027. These regulated utility growth opportunities support our expectations for 7% annual earnings growth, in line with management's 6%-8% earnings growth target through 2026.

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