PPL Corporation (PPL), headquartered in Allentown, Pennsylvania, is a utility holding company delivering electricity and natural gas services to millions of customers across the United States. Its market cap currently stands at $24.1 billion. The company is set to release its Q3 earnings report before the market opens on Friday, Nov. 1.
Ahead of the event, analysts expect PPL to report a profit of $0.42 per share, down 2.3% from $0.43 in the year-ago quarter. The company surpassed Wall Street's earnings estimates in three of the last four quarters while missing on another occasion.
