PPL Corp. (PPL) Tops Q3 EPS by 1c, Revenues Miss; Lifts FY18 EPS Mid-Point Outlook
PPL Corp. (NYSE: PPL) reported Q3 EPS of $0.59, $0.01 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.87 billion versus the consensus estimate of $1.92 billion.
"PPL's excellent operational performance highlights the value of our disciplined investment strategy and our proven track record of execution," said William H. Spence, PPL's chairman, president and chief executive officer. "Based on our continued strong financial performance in the third quarter and year-to-date, we have raised the midpoint of our 2018 earnings guidance."
GUIDANCE:
PPL Corp. sees FY2018 EPS of $2.30-$2.40, versus the consensus of $2.35.
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