PPL Corp

PPL: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$86.00	Kvfpbg	Jqfrgyxf

Fully Regulated PPL Set to Achieve Earnings Expectations

Andrew Bischof

Feb 1, 2024

Business Strategy and Outlook

We expect PPL to spend $12 billion at its U.S. utilities through 2026. These regulated utility growth opportunities support our expectations for 7% annual earnings growth, in line with management's 6%-8% earnings growth target.

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