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Update: Continued Regulated Expansion Will Bode Well For PPL Corp.

I continue to stay bullish on PPL Corp. (PPL); the company offers an impressive yield of 4.1%. Along with the high yield, the company has strong growth prospects. PPL Corp. has been incurring capital spending to strengthen its regulated operations, which will augur well for its future growth. Also, the company has been aggressively working to increase its regulated operations and sell its unregulated assets. The company stays on track with its initiatives to strengthen its regulated operations, which will add value for shareholders and bode well for its stock price. Moreover, as the company continues to expand its regulated operations, its earnings and cash flow stability will improve.

The company reported a strong financial performance for 4Q'14. PPL registered an operating EPS of $0.58 for 4Q'14, better than the consensus of $0.53. Total revenues for 4Q'14 were $4.02 billion, up from $2.82 billion in 4Q'13. The company also provided… Read More …