Wall Street is expecting earnings and revenue to increase year-over-year.
Analysts surveyed by FactSet are forecasting adjusted earnings of 58 cents per share on revenue of $1.97 billion.
During the same period a year ago, the Allentown, PA-based utility company earned 51 cents per share on revenue of $1.88 billion.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B- on the stock.
The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, compelling growth in net income and growth in earnings per share.
The team believes its strengths outweigh the fact that the company has had generally high debt management risk by most measures that were evaluated.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: PPL