Electric Company PPL Powers Past Q1 Estimates, Eyes Bright Future
Electric Company PPL Powers Past Q1 Estimates, Eyes Bright Future
PPL's net cash provided by operating activities in the quarter, totaled $282 million, versus $430 million a year ago.PPL Corporation (NYSE:PPL) shares are trading higher after first-quarter FY24 operating revenue growth of $2.304 billion, beating the consensus of $2.062 billion.
PPL公司（紐約證券交易所代碼：PPL）股價上漲，此前24財年第一季度的營業收入增長了23.04億美元，超過了市場預期的20.62億美元。
Electricity sales rose by 4.4% Y/Y, with the PA Regulated segment up 2.0% Y/Y and the KY Regulated segment increased by 7.6% Y/Y.
電力銷售同比增長4.4％，其中PA監管板塊同比增長2.0％，肯塔基州監管板塊同比增長7.6％。
Operating income increased to $545 million from $498 million in the prior year quarter. Adjusted EPS was $0.54, beating the consensus of $0.50.
營業收入從上一季度的4.98億美元增至5.45億美元。調整後的每股收益爲0.54美元，超過市場普遍預期的0.50美元。
PPL's net cash provided by operating activities in the quarter, totaled $282 million, versus $430 million a year ago.
PPL在本季度運營活動提供的淨現金總額爲2.82億美元，而去年同期爲4.3億美元。
President and Chief Executive Officer Vincent Sorgi said, "We are on track to complete more than $3 billion in infrastructure improvements this year — part of more than $14.3 billion planned through 2027 — to modernize the grid, strengthen grid resilience against more powerful and frequent severe weather, and advance a safe, reliable, affordable and sustainable energy future for our customers and communities."
總裁兼首席執行官文森特·索爾吉說：“我們有望在今年完成超過30億美元的基礎設施改善，這是計劃到2027年超過143億美元的一部分——以實現電網現代化，增強電網抵禦更強大、更頻繁的惡劣天氣的能力，併爲我們的客戶和社區推進安全、可靠、負擔得起和可持續的能源未來。”
Outlook Reiterated: PPL expects EPS of $1.63 to $1.75 in FY24 versus the $1.70 consensus.
重申展望：PPL預計24財年每股收益爲1.63美元至1.75美元，而市場普遍預期爲1.70美元。
The company continues to project an adjusted EPS and dividend growth target of 6% to 8% annually through at least 2027.
該公司繼續預計，至少到2027年，調整後的每股收益和股息增長目標爲每年6％至8％。
PPL reaffirmed annual operation and maintenance savings of at least $175 million by 2026, with $120 million-$130 million of annual savings planned by the end of 2024 from the 2021 baseline.
PPL重申，到2026年，每年可節省至少1.75億美元的運營和維護費用，計劃到2024年底，比2021年的基準每年節省1.2億至1.3億美元。
Investors can gain exposure to the stock via First Trust EIP Carbon Impact ETF (NYSE:ECLN) and First Trust North American Energy Infrastructure Fund (NYSE:EMLP).
投資者可以通過第一信託EIP碳影響ETF（紐約證券交易所代碼：ECLN）和第一信託北美能源基礎設施基金（紐約證券交易所代碼：EMLP）獲得股票敞口。
Price Action: PPL shares are trading higher by 2.09% at $28.04 at the last check Friday.
價格走勢：在週五的最後一次支票中，PPL股價上漲2.09％，至28.04美元。
Photo via Shutterstock
照片來自 Shutterstock
譯文內容由第三人軟體翻譯。
