PPL未达每股收益预期,3年基础设施投资计划提升至200亿美元

财报速递
13 Feb
PPL公司(纽约证券交易所代码:PPL)在报告其2024财年第四季度运营收入增长至22.11亿美元后,股价下跌。公司超过了市场普遍预期的20.48亿美元。然而,调整后的每股收益为0.34美元,未达到预期的0.37美元。 电力销售同比增长1%,其中PA受监管部分同比增长1.4%,KY受监管部分同比增加0.6%。营业收入从去年同期的3.90亿美元减少至3.77亿美元。 PPL公司的年经营活动提供的净现金总额为23.4亿美元,而去年为17.58亿美元。公司完成了超过30亿美元的基础设施投资。据首席执行官文森特·索尔吉介绍,公司宣布将季度普通股股息提高6%,从每股0.2575美元提高至0.2725美元。 此次提高的股息将于2025年4月1日支付给截至2025年3月10日的股东记录。 展望未来,PPL预计2025年每股收益为1.75美元至1.87美元,而市场预期为1.83美元。PPL将其每年每股收益和股息增长目标的6%至8%延长至至少2028年,并预期每股收益增长将在该范围的上半部分。公司还将其2025-2028年期间的基础设施投资计划提高至200亿美元,高于此前2024-2027计划中的143亿美元。 这些投资预计将推动到2028年的平均年基数增长率达到9.8%,与之前计划的6.3%相比。公司计划在2025年进行43亿美元的基础设施投资。 PPL预计在2025年相较于2021年基准实现至少1.5亿美元的年累计运营及维护效率。这一进展基于2023-2024年转型举措的成功以及在公司运营中实施的可扩展技术。 投资者可以通过Virtus Reaves Utilities ETF(纽约证券交易所代码:UTES)和The Advisors Inner Circle Fund II Cullen Enhanced Equity Income ETF(纽约证券交易所代码:DIVP)来接触该股。 价格变动:截至周四最后一次检查,PPL股价下跌1.07%,至34.15美元。

以上内容来自Benzinga Earnings专栏,原文如下:

PPL Corporation (NYSE:PPL) shares are trading lower after the company reported fourth-quarter FY24 operating revenue growth of $2.211 billion.

The company beat the consensus of $2.048 billion. Meanwhile, adjusted EPS was 34 cents and missed the consensus of 37 cents.

Electricity sales rose by 1% year over year (Y/Y), with the PA Regulated segment up 1.4% Y/Y and the KY Regulated segment increased by 0.6% Y/Y.

Operating income decreased to $377 million from $390 million in the prior year quarter. 

PPL’s net cash provided by operating activities in the year, totaled $2.34 billion, versus $1.758 billion a year ago.

PPL completed more than $3 billion in infrastructure investments, according to CEO Vincent Sorgi.

Dividend Boost: PPL disclosed a 6% increase in its quarterly common stock dividend, raising it from $0.2575 to $0.2725 per share.

The higher dividend will be payable on April 1, 2025, to shareholders of record as of March 10, 2025.

Outlook: PPL expects 2025 EPS of $1.75-$1.87 vs. consensus of $1.83.

PPL extended its 6% to 8% annual EPS and dividend growth targets through at least 2028. Company brass expects EPS growth to be in the upper half of the range.

PPL also raised its planned infrastructure investments to $20 billion for the 2025–2028 period. That’s up from the previous $14.3 billion planned for 2024–2027.

These investments are expected to drive an average annual rate base growth of 9.8% through 2028, compared to 6.3% under the prior plan.

The company is targeting $4.3 billion in infrastructure investments for 2025.

PPL anticipates achieving cumulative annual O&M efficiencies of at least $150 million in 2025, compared to its 2021 baseline.

This progress builds on the success of its 2023–2024 transformation initiatives and the implementation of scalable technologies across its operations.

Investors can gain exposure to the stock via Virtus Reaves Utilities ETF (NYSE:UTES) and The Advisors Inner Circle Fund II Cullen Enhanced Equity Income ETF (NYSE:DIVP).

Price Action: PPL shares are down 1.07% at $34.15 at the last check Thursday.

Read Next:

  • Datadog Q4 Earnings: Margins Shrink, Outlook Lags Expectations

Image: Shutterstock

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10