PPL Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component PPL Corp (NYSE:PPL) will unveil its latest earnings on Friday, February 10, 2012. PPL Corporation is an energy and utility holding company that generates and markets electricity in the northeastern and western U.S.

PPL Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 63 cents per share, a decline of 25% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 62 cents. Between one and three months ago, the average estimate moved down. It has risen from 61 cents during the last month. For the year, analysts are projecting net income of $2.66 per share, a decline of 15% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 7 cents, coming in at profit of 76 cents a share versus the estimate of net income of 69 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 63.4% in revenue from the year-earlier quarter to $3.04 billion.

Analyst Ratings: Analysts seem relatively indifferent about PPL with eight of 13 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose 79% to $444 million (76 cents a share) from $248 million (51 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 43.2% to $3.12 billion from $2.18 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose more than twofold in the second quarter and 60.4% in the first quarter.

The company’s revenue has risen for two straight quarters. In the second quarter, the figure rose 65.6%.

Stock Price Performance: During November 8, 2011 to February 6, 2012, the stock price had fallen $2.27 (-7.6%) from $29.76 to $27.49. The stock price saw one of its best stretches over the last year between December 19, 2011 and December 27, 2011 when shares rose for six-straight days, rising 5.1% (+$1.44) over that span. It saw one of its worst periods between March 9, 2011 and March 16, 2011 when shares fell for six-straight days, falling 5.6% (-$1.38) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com