PPL Corp

PPL: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$78.00	Mvywtj	Hftcxgxht

PPL Earnings: Operating Expense Management Offsets Year-to-Date Headwinds

Andrew Bischof

Nov 2, 2023

We are maintaining our $29 fair value estimate for narrow-moat PPL after the company reported third-quarter operating earnings per share of $0.43 compared with $0.41 in the year-ago period. The company narrowed its full-year EPS guidance to $1.55-$1.60 from $1.50-$1.65.

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