PPL (PPL) Increases Despite Market Slip: Here's What You Need to Know

PPL stock closed at $32.58, up 1.46% while broader markets declined. The utility company is expected to report earnings of $0.53 per share with 10.42% year-over-year growth. PPL holds a Zacks Rank #3 (Hold) with a Forward P/E of 16.49, trading at a slight premium to its industry average.