BUZZ-Utility PPL falls after Q4 profit miss

Shares of electric and natural gas utility PPL Corp PPL.N fall 1.22% to $34.10 premarket

PPL misses Q4 profit estimates due to higher expenses

Company posts Q4 adj earnings of 34 cents per share vs analysts' estimates of 37 cents per share - data compiled by LSEG

PPL forecasts 2025 earnings in the range of $1.75 to $1.87 per share, midpoint of which is below est of 1.83 per share

Company increases planned infrastructure investments to $20 billion from 2025 through 2028, an increase of nearly 40% from its prior plan

As of last close, stock is up 6.4% YTD