PPL Beats Q3 2026 Estimates as Revenue Rises 12% to $2.50B

PPL (PPL) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $2.50 billion, up 12% from a year earlier, above the $2.41 billion estimate, and adjusted EPS was $0.54, up 13% from a year earlier, above the $0.53 estimate.

Shares fell 0.2% in premarket trading as of 7:32 a.m. ET, to $35.93 from a $36.00 close.

Q3 2026 scorecard

By our calculation, revenue was $84.5 million above the estimate and adjusted EPS was $0.01 above it. The QoQ column compares with the previous quarter's revenue of $2.11 billion and adjusted EPS of $0.33. The YoY column compares with $2.24 billion and $0.48 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 4 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 5 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $2.24 billion, $2.27 billion, $2.77 billion, $2.11 billion and $2.50 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $0.46 and revenue of $2.48 billion next quarter, based on 7 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 12% increase to $2.50 billion.
• Estimate record. Whether PPL extends a record of beating EPS estimates in 4 of its last 8 reports.
• Related coverage. See our reports on Array Digital Infrastructure, Telephone and Data Systems, Starwood Property Trust and Ubiquiti.

Sources: Results are from PPL's Nov. 6, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from PPL's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.