Expectations trend
FY2027 · fiscal year ending 2027-12-31 · fmp
PPL Corporation (PPL)
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-04
$35.72+0.03%
Close 2026-11-04 · 1-day change
NYSEUtilitiesRegulated ElectricSnapshot 2026-11-04
The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.
Next-FY EPS estimate change · 30 days
2.12 → 2.12 EPS · FY ending Dec 31, 2027 · 11 analysts
One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.
Change in the same fiscal period’s mean EPS estimate from Oct 5, 2026 to Nov 4, 2026: (new ÷ prior − 1). Contributor count changed from 10 to 11; this is not the number of analysts revising. The ±10% axis is a display range.
The EPS and P/E reference is not available for PPL yet.
| Measure / period | Management expectations | Analyst expectations |
|---|
Management figures unavailable.
Current consensus figures unavailable.
Three published thesis conditions, with dated milestones shown separately.
| Key Factor | Why It Matters | Current Status | Break Condition | Latest Evidence |
|---|---|---|---|---|
Increase annual base distribution revenues by $275 million starting July 2026 | The company will increase base revenues by $275 million starting July 2026. | Intact | Failure to implement $275 million revenue increase by mid-2026 | Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Date unavailableLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Compare these dated observations with the operating requirements above
FY2027 · fiscal year ending 2027-12-31 · fmp
The evidence, the remaining questions, and what comes next
No recovery evidence is reported in the available driver assessments.
Observed price history; separate from operating scenarios
The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.
PPL is a regulated utility with a steady-growth profile, rather than a high-growth or turnaround story. Its long-term thesis is intact, but confidence has eased from high to medium after a recent earnings miss and a run of misses across the industry.
The evidence describes PPL as cheap versus peers, with pricing broadly justified and low signs of fragility. The expectations gap is modestly negative, so the snapshot suggests expectations are slightly ahead of the underlying setup rather than deeply cautious.
Near term, the main concern is the earnings-miss streak, although the assessed chance of another miss is low. Over the multi-year view, PPL is on track with its reaffirmed 2026 earnings forecast, planned annual earnings growth, approved Pennsylvania revenue increase, and grid investment program.
The thesis depends on PPL maintaining its earnings guidance and delivering its investment and revenue plans. A guidance cut would weaken the setup, while lower interest rates or continued strong results from major utility peers could support the sector backdrop.
Over the next one to three years, PPL’s regulated growth plans support an intact long-term thesis, but the recent earnings miss and medium confidence call for attention to execution. Not investment advice.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| It will invest $5.1 billion in 2026 to improve its electric and gas networks. |
| Intact |
| Investment falls significantly below $5.1 billion in 2026 |
Capital expenditures: $1.058B FY2026-Q2; GAAP. Published target: $5.1 billion in infrastructure investments. Annual target cannot be compared with a quarterly or TTM observation. Aug 7, 20261,058,000,000 USD · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. |
Achieve EPS of $1.90 to $1.98 in 2026 with 6%-8% annual growth | A primary condition in PPL Corporation's published investment case. The stated target is EPS between $1.90 and $1.98; 6%-8% annual growth through 2029. | Intact | EPS falls below $1.90 in 2026 or growth under 6% annually | Diluted EPS: $0.30 per share FY2026-Q2; GAAP. Published target: EPS between $1.90 and $1.98; 6%-8% annual growth through 2029. Target and observation units differ. Aug 7, 20260.3 USD/share · source valueLast status assessment Nov 4, 2026Compare required operating outcomesCompare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management contextStated in 1 of 2 supplied quarters. Management reported: “• Reaffirms 2026 ongoing earnings forecast of $1.90 to $1.98 per share with a midpoint of $1.94.” “Based on the company’s financial performance year to date, PPL reaffirmed its 2026 ongoing earnings forecast range of $1.90 to $1.98 per share with a midpoint of $1.94 per share.” Delivery assessment Nov 4, 2026 |
Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.
$2.12 → $2.12 · observed estimates
$10.25B → $10.28B · observed estimates
One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.
| Snapshot | EPS | Revenue | EPS / revenue analysts |
|---|---|---|---|
| 2026-07-24 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-07-25 | $2.12 | $10,303,535,588 | 9 / 9 |
| 2026-07-26 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-07-27 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-07-28 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-07-29 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-07-30 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-07-31 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-01 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-02 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-08-03 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-04 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-08-05 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-06 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-07 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-08 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-08-09 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-08-10 | $2.12 | $10,246,121,870 | 16 / 12 |
| 2026-08-12 | $2.12 | $10,240,265,200 | 16 / 12 |
| 2026-08-13 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-14 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-15 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-16 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-17 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-18 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-19 | $2.12 | $10,303,495,410 | 9 / 9 |
| 2026-08-20 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-21 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-22 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-23 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-24 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-25 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-26 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-27 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-28 | $2.12 | $10,315,591,309 | 8 / 8 |
| 2026-08-29 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-08-30 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-08-31 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-01 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-02 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-03 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-04 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-05 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-06 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-07 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-08 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-09 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-10 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-11 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-12 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-13 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-14 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-15 | $2.12 | $10,304,970,052 | 8 / 8 |
| 2026-09-16 | $2.12 | $10,265,573,047 | 8 / 8 |
| 2026-09-17 | $2.12 | $10,265,573,047 | 8 / 8 |
| 2026-09-18 | $2.12 | $10,265,573,047 | 9 / 9 |
| 2026-09-19 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-20 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-21 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-22 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-23 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-24 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-25 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-26 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-27 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-28 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-29 | $2.12 | $10,254,024,873 | 9 / 9 |
| 2026-09-30 | $2.12 | $10,253,824,873 | 9 / 9 |
| 2026-10-01 | $2.12 | $10,253,824,873 | 9 / 9 |
| 2026-10-02 | $2.12 | $10,253,824,873 | 9 / 9 |
| 2026-10-03 | $2.12 | $10,253,824,873 | 9 / 9 |
| 2026-10-04 | $2.12 | $10,253,824,873 | 9 / 9 |
| 2026-10-05 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-06 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-07 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-08 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-09 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-10 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-11 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-12 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-13 | $2.12 | $10,296,916,526 | 10 / 9 |
| 2026-10-14 | $2.12 | $10,296,386,848 | 10 / 9 |
| 2026-10-15 | $2.12 | $10,296,386,848 | 10 / 9 |
| 2026-10-16 | $2.12 | $10,296,386,848 | 10 / 9 |
| 2026-10-17 | $2.12 | $10,296,386,848 | 10 / 9 |
| 2026-10-18 | $2.12 | $10,296,386,848 | 10 / 9 |
| 2026-10-19 | $2.12 | $10,296,386,848 | 10 / 9 |
| 2026-10-20 | $2.12 | $10,296,609,070 | 10 / 9 |
| 2026-10-21 | $2.12 | $10,275,814,470 | 10 / 9 |
| 2026-10-22 | $2.12 | $10,275,814,470 | 10 / 9 |
| 2026-10-23 | $2.12 | $10,286,959,283 | 10 / 9 |
| 2026-10-24 | $2.12 | $10,286,959,283 | 10 / 10 |
| 2026-10-25 | $2.12 | $10,286,959,283 | 10 / 10 |
| 2026-10-26 | $2.12 | $10,286,959,283 | 10 / 10 |
| 2026-10-27 | $2.12 | $10,286,959,283 | 10 / 10 |
| 2026-10-28 | $2.12 | $10,288,859,283 | 10 / 10 |
| 2026-10-29 | $2.12 | $10,284,235,712 | 11 / 10 |
| 2026-10-30 | $2.12 | $10,284,235,712 | 11 / 10 |
| 2026-10-31 | $2.12 | $10,284,235,712 | 11 / 10 |
| 2026-11-01 | $2.12 | $10,284,235,712 | 11 / 10 |
| 2026-11-02 | $2.12 | $10,284,235,712 | 11 / 10 |
| 2026-11-03 | $2.12 | $10,284,235,712 | 11 / 10 |
| 2026-11-04 | $2.12 | $10,284,235,712 | 11 / 10 |
Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.
Latest: 16 Buy / Strong Buy · 3 Hold · 0 Sell / Strong Sell
Recent actions · Oct 6–Nov 4 · 2 recorded
0 raises · 1 cuts · 0 unchanged · 3 without a comparable prior
Oct 6, 2026–Nov 4, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.
Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.
3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.
The dated weekly assessment and its assumptions are available in Read detailed Outlook.