The **PPL Corporation** has presented mixed results, with a reported increase in Q4 profits that nevertheless missed estimates. Several noteworthy transactions have occurred, including acquisitions by **Stonebridge Financial Group**, the sale of an office tower, and retirement, suggesting some **organizational changes**. The Corporation also expects to significantly increase its infrastructure investments, projecting **$20 billion** through 2028. This aggressive expansion plan corresponds with a raised Capex plan to meet increasing power demand. However, earnings before interest and taxes (EBIT) estimates were not met for Q4, affecting PPL's overall performance. The company declared a **quarterly dividend** of $0.27, and Wells Fargo raised its **price target** on PPL. PPL recently completed the sale of its Tower Building complex to D&D Realty Group. Looking ahead, the firm has announced its intention to hold a **virtual annual meeting** in 2025.
Ppl Corporation PPL News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 15 Feb 2025 22:04:47 GMT -
Rating 4
- Innovation -6
- Information 7
- Rumor -5
