Thursday, February 27, 2025

PPL Rides on Capital Investment Plans & Focus on Clean Energy – January 11, 2022

PPL Corporation’s (PPL Quick QuotePPLFree Report) planned investments in strengthening infrastructure, increased focus on cleaner energy generation and growth in domestic operation are likely to enhance its existing operations.The Zacks Consensus Estimate for PPL’s 2021 and 2022 earnings is pegged at $1.17 and $1.53 per share, respectively. In the past year, shares of PPL Corp. have gained 8.9% compared with the industry’s rally of 8.5%. PPL currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.One-Year Price PerformanceImage Source: Zacks Investment ResearchWhat’s Driving the Stock?PPL Corp.’s capital investment plan primarily focuses on its infrastructure-construction projects for generation, transmission and distribution. PPL divested its U.K. utility business to…

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