Analysts surveyed by Thomson Reuters expect earnings of 53 cents a share and revenue of $2.83 billion for the third quarter. In the third quarter of 2013 PPL reported earnings of 66 cents a share, missing analysts' estimates of 68 cents a share. The company reported revenue of $3.1 billion for the year-ago quarter, missing estimates of $3.3 billion.
In the second quarter of 2014 PPL reported earnings of 53 cents a share on revenue of $2.87 billion, beating analysts' estimates of earnings of 45 cents a share on revenue of $2.78 billion.
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TheStreet Ratings team rates PPL CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate PPL CORP (PPL) a BUY. This is driven by several positive factors, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income."