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PPL Corp gains on Q3 profit beat

By Reuters News13:34 (UTC), 6 November 2026 Updated

** Shares of utility firm PPL Corp PPL.N rise 3.2% to $31.17 premarket

** Co beats Q3 adjusted profit helped by higher power demand

** Posts Q3 adjusted profit of 54 cents per share compared to analysts' estimate of 46 cents per share-data compiled by LSEG

** PPL raises capital plan for 2027-2030 to $25 billion, $2 billion higher than its prior 2026-2029 plan

** Co says plan will drive average annual rate base growth of 10% from 2026-2030

** PPL also raises annual EPS growth target to 7% to 9% through 2030 compared to a prior view of 6% to 8%

** Including session's moves, shares up 2.8% YTD

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