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Utility PPL falls on downbeat 2026 profit forecast

ReutersFeb 20, 2026 1:04 PM

Shares of utility PPL Corp PPL.N fall 2.9% to $35.91 premarket

Company forecasts 2026 adjusted earnings to be between $1.90/share and $1.98/share, the midpoint of which is below analysts' average estimate of $1.95/share - data compiled by LSEG

PPL reports Q4 adjusted profit of 41 cents per shares, in line with analyst expectations

Company updates capital plan to $23 billion from 2026 through 2029 compared with prior plan of $20 billion from 2025 to 2028

In 2025, PPL was down 3%

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