PPL Q2 EPS Beats, Reaffirms Guidance; Sees $10B+ Generation Upside
PPL is trading near its 52-week low of $33.165 (4.4% above the low).
Summary
PPL reported Q2 2026 GAAP EPS of $0.30, up from $0.25 a year ago, and ongoing EPS of $0.33 versus $0.32. The company reaffirmed its full-year 2026 EPS guidance of $1.90-$1.98 and its 6-8% annual growth target through 2029, with growth expected near the top end. Management highlighted a potential $10-$12 billion generation investment opportunity through 2032 tied to data center demand in Pennsylvania and Kentucky. The data center pipeline now stands at 31.8 GW in advanced planning, with over 11 GW under signed agreements and 6.5 GW under construction. This follows the Q1 10-Q filed in May and recent regulatory approvals for rate increases, reinforcing the company's constructive regulatory environment. The stock is trading near its 52-week low, which may amplify the positive reaction to the reaffirmed outlook and growth visibility.
At the time of this announcement, PPL was trading at $34.62 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $26B. The 52-week trading range was $33.17 to $40.11. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.