ADVFN - Advanced Financial Network.
HOME» NYSE » P » PPL Stock Price » PPL Stock News

Ppl Share News

 Ppl Corp Stock Price
PPL Stock Price
 Ppl Corp Stock Chart
PPL Stock Chart
 Ppl Corp Stock News
PPL Stock News
 Ppl Corp Company Information
PPL Company Information
 Ppl Corp Stock Trades
PPL Stock Trades

PPL 1Q Profit Up 64% On Prior-Year Charges, Higher Margins

DOW JONES NEWSWIRES PPL Corp.'s (PPL) first-quarter profit jumped 64% on higher prior-year unusual items, while adjusted earnings easily topped analysts' expectations although revenue declined more than expected. The operator of utilities and power plants used the proceeds from the sale of interests in a few power plants to funds its acquisition of two Kentucky utilities owned by the German holding company E.ON AG (EONGY, EOAN.XE). The deal, which closed last year, helped PPL increase its exposure to regulated power markets. PPL posted a profit of $410 million, or 82 cents a share, up from $250 million, or 66 cents a share, a year earlier. Excluding litigation expenses and other impacts, earnings from ongoing operations fell to 84 cents from 94 cents. Revenue slid 3.2% to $2.91 billion. Analysts polled by Thomson Reuters expected a profit of 73 cents on revenue of $2.97 billion. Operating margin increased to 27.7% from 15.8%. Shares of PPL, which reaffirmed its full-year earnings outlook, closed Wednesday at $27.56 and were inactive premarket. -By John Kell, Dow Jones Newswires; 212-416-2480; [email protected]

Stock News for Ppl (PPL)
02/17/201714:12:56Current Report Filing (8-k)
02/17/201711:45:18Annual Report (10-k)
02/16/201713:51:11Amended Statement of Changes in Beneficial Ownership (4/a)
02/13/201706:27:50Amended Statement of Ownership (sc 13g/a)
02/01/201708:44:00PPL Profit Rises in Latest Quarter
02/01/201707:19:37Current Report Filing (8-k)
02/01/201707:10:00PPL Corporation Reports 2016 Earnings
01/30/201716:00:42Statement of Changes in Beneficial Ownership (4)
01/30/201715:57:10Statement of Changes in Beneficial Ownership (4)
01/30/201715:50:56Statement of Changes in Beneficial Ownership (4)
01/30/201715:48:41Statement of Changes in Beneficial Ownership (4)
01/30/201715:37:54Statement of Changes in Beneficial Ownership (4)
01/30/201715:30:50Statement of Changes in Beneficial Ownership (4)
01/30/201715:26:26Statement of Changes in Beneficial Ownership (4)
01/30/201715:11:36Statement of Changes in Beneficial Ownership (4)
01/30/201715:03:29Statement of Changes in Beneficial Ownership (4)
01/25/201717:28:43Amended Statement of Ownership (sc 13g/a)
01/25/201715:00:31Statement of Changes in Beneficial Ownership (4)
01/25/201714:57:12Statement of Changes in Beneficial Ownership (4)
01/25/201714:54:18Statement of Changes in Beneficial Ownership (4)

Ppl and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations