LONDON, UK / ACCESSWIRE / April 05, 2018 / Active-Investors.com has just released a free earnings report on PPL Corp. (NYSE: PPL). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=PPL. The Company posted its financial results on February 22, 2018, for the fourth quarter of the fiscal year 2017 (Q4 FY17) and for the full fiscal year 2017 (FY17). The Company's operating revenues grew on a y-o-y basis to beat market forecasts. Register today and get access to over 1000 Free Research Reports by joining our site below:

www.active-investors.com/registration-sg

Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, PPL most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:

www.active-investors.com/registration-sg/?symbol=PPL

Earnings Highlights and Summary

For the quarter ended December 31, 2017, PPL reported operating revenues of $1.93 billion, which came in above the $1.83 billion recorded at the end of Q4 FY16. The Company's operating revenue numbers for the reported quarter beat market consensus estimates of $1.86 billion.

The energy and utility holding Company reported a net income of $78 million, or $0.11 per diluted share, in Q4 FY17 compared to $465 million, or $0.68 per diluted share, in Q4 FY16. The Company's earnings from ongoing operations came in at $384 million, or $0.55 per diluted share, in Q4 FY17 compared to $409 million, or $0.60 per diluted share, in Q4 FY16. Meanwhile, market analysts had forecasted earnings from ongoing operations of $0.48 per diluted share for Q4 FY17.

The Allentown, Pennsylvania-based Company reported total revenues of $7.45 billion in FY17 compared to $7.52 billion in FY16. The Company posted a net income of $1.13 billion, or $1.64 per diluted share, in FY17 versus $1.90 billion, or $2.79 per diluted share, in FY16. Furthermore, the Company's earnings from ongoing operations came in at $1.55 billion, or $2.25 per diluted share, in FY17 compared to $1.67 billion, or $2.45 per diluted share, in FY16.

Operating Metrics

During Q4 FY17, the Company spent $183 million on fuel compared to $184 million in Q4 FY16. The Company purchased power costing $191 million in Q4 FY17 versus $175 million the previous year's comparable quarter. PPL's total operating expenses were $1.13 billion in Q4 FY17 compared to $1.12 billion in Q4 FY16. Meanwhile, the Company reported an operating income of $793 million in Q4 FY17, which came in higher than the operating loss of $714 million in Q4 FY16.

Segment Performance

During Q4 FY17, PPL's UK Regulated segment reported earnings of $92 million, or $0.13 per diluted share, compared to $331 million, or $0.48 per diluted share, in the last year's corresponding quarter. The segment reported earnings from ongoing operations of $203 million, or $0.29 per diluted share, in Q4 FY17 versus $274 million, or $0.40 per diluted share, in Q4 FY16.

PPL's Kentucky Regulated segment's loss came in at $13 million, or $0.01 loss per diluted share, in Q4 FY17 versus earnings of $84 million, or $0.12 per diluted share, in Q4 FY16. However, the segment's earnings from ongoing operations grew to $95 million, or $0.14 per diluted share, in Q4 FY17 from $84 million, or $0.12 per diluted share, in the year ago same quarter.

The Company's Pennsylvania Regulated segment's earnings stood at $108 million, or $0.15 per diluted share, in the reported quarter versus $75 million, or $0.11 per diluted share, in the prior year's comparable quarter. Moreover, the segment posted earnings from ongoing operations of $98 million, or $0.14 per diluted share, in Q4 FY17 compared to $75 million, or $0.11 per diluted share, in Q4 FY16.

Cash Flow and Balance Sheet

During FY17, PPL's net cash provided by operating activities was $2.46 billion compared to $2.89 billion in FY16. At the close of books in the reported quarter, PPL had $485 million in cash and cash equivalents compared to $341 million at the close of books as on December 31, 2016. Additionally, the Company reported long-term debts amounting to $19.85 billion in its books of accounts as on December 31, 2017, up from $17.81 billion as on December 31, 2016.

Outlook

In its outlook for the full year FY18, the Company expects earnings per share to be in the range of $2.20 to $2.40, with a midpoint of $2.30.

Stock Performance Snapshot

April 04, 2018 - At Wednesday's closing bell, PPL's stock marginally dropped 0.64%, ending the trading session at $27.85.

Volume traded for the day: 5.74 million shares.

After yesterday's close, PPL's market cap was at $19.25 billion.

Price to Earnings (P/E) ratio was at 13.19.

The stock has a dividend yield of 5.89%.

The stock is part of the Utilities sector, categorized under the Electric Utilities industry. This sector was up 0.1% at the end of the session.

Active-Investors:

Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

A-I has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@active-investors.com

Phone number: 73 29 92 6381

Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active-Investors