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PPL Corporation - $PPL STOCK NEWS

Welcome to our dedicated page for PPL Corporation news (Ticker: $PPL), a resource for investors and traders seeking the latest updates and insights on PPL Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PPL Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PPL Corporation's position in the market.

Rhea-AI Summary

PPL reported first-quarter 2024 earnings with a GAAP EPS of $0.42 and ongoing EPS of $0.54, showing a 12.5% increase from 2023. The company reaffirmed its 2024 earnings forecast range of $1.63 to $1.75 per share. PPL plans $3 billion in infrastructure improvements in 2024, aiming for $14.3 billion by 2027. The company expects 6-8% annual earnings and dividend growth through 2027.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.97%
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Rhea-AI Summary
PPL 's 2023 Sustainability Report showcases the company's commitment to delivering safe, reliable, affordable, and sustainable energy to customers while creating long-term value for shareholders. The report highlights achievements in reliability, infrastructure improvements, cost savings, clean energy transition, research projects, community engagement, and ethical stewardship.
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End-of-Day
0.76%
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Rhea-AI Summary
PPL will conduct a webcast on its first-quarter 2024 earnings results, led by Vincent Sorgi, the president, and CEO. The webcast will be on May 1, with a live conference call discussing the company's performance and outlook. Interested individuals can access the webcast link or join the call via telephone. PPL is a leading U.S. energy company providing electricity and natural gas to over 3.5 million customers.
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Rhea-AI Sentiment
End-of-Day
1.58%
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Rhea-AI Summary
PPL 's subsidiary, Rhode Island Energy, receives approval for $326 million in spending to enhance safety and reliability of electric and gas networks in Rhode Island. The investment aims to support clean energy transition and improve customer service.
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-0.07%
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Rhea-AI Summary
Landis+Gyr and Rhode Island Energy have agreed to deploy advanced smart metering technology for 530,000 electric customers. The agreement includes installation of Gridstream® Connect AMI network and Revelo® smart sensing meters for grid modernization and improved efficiency. The deployment aims to support electrification of transportation and integration of renewable energy resources, with advanced grid-edge processing for consumer engagement.
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PPL Corporation appoints Greg Cornett, a 25-year utility industry veteran, as the new president of Rhode Island Energy, while promoting Alan LaBarre to Chief Operating Officer. The company aims for a seamless transition to PPL systems and processes by mid-2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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Rhea-AI Summary
PPL Corporation (NYSE: PPL) announces strong financial performance in 2023, with reported earnings of $1.00 per share, exceeding earnings forecast. The company extends growth targets through 2027, increases capital plan to over $14 billion, and raises quarterly common stock dividend by 7.3%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
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PPL Corporation appoints Dean A. Del Vecchio as Executive Vice President and Chief Technology and Innovation Officer, emphasizing a focus on technology-enabled utilities of the future. Del Vecchio's extensive experience in digital transformation and cybersecurity positions him to drive innovation and improve outcomes for stakeholders.
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PPL Corporation (NYSE: PPL) has been awarded a $72 million grant by the U.S. Department of Energy for a carbon dioxide capture research and development project, expected to cost over $100 million. The project, developed in partnership with the University of Kentucky, aims to achieve net-zero carbon emissions by 2050.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
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Rhea-AI Summary
PPL Corporation (NYSE: PPL) will hold its 2024 Annual Meeting of Shareowners virtually on May 15, 2024, at 9 a.m. Eastern time. Shareowners of record as of Feb. 28, 2024, can vote and participate. Proxy materials will include instructions on how to join the meeting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
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conferences
PPL Corporation

NYSE:PPL

PPL Rankings

PPL Stock Data

20.91B
736.10M
0.09%
78.23%
2.29%
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About PPL

ppl corporation (nyse:ppl), a global energy company, delivers electricity and natural gas to more than 10.5 million customers in pennsylvania, kentucky and the united kingdom. our high-performing regulated utilities – western power distribution, louisville gas and electric, kentucky utilities, and ppl electric utilities – provide an outstanding service experience for our customers, consistently ranking among the best in the u.s. and the u.k. ppl is a positive force in the cities and towns where we do business, providing support for programs that create jobs and donating millions to charitable organizations that improve the quality of life. our more than 13,000 employees generously volunteer their time and energy to help others. as one of the largest investor-owned companies in the u.s. utility sector, ppl is committed to providing essential energy services in extraordinary ways, and we deliver.