PPL (NYSE: PPL) reported earnings on Aug. 8. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), PPL beat expectations on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue improved slightly and GAAP earnings per share increased significantly.

Margins increased across the board.

Revenue details
PPL recorded revenue of $2.55 billion. The four analysts polled by S&P Capital IQ expected to see a top line of $2.31 billion on the same basis. GAAP reported sales were 2.4% higher than the prior-year quarter's $2.49 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.51. The 13 earnings estimates compiled by S&P Capital IQ forecast $0.41 per share. GAAP EPS of $0.45 for Q2 were 29% higher than the prior-year quarter's $0.35 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 36.5%, 210 basis points better than the prior-year quarter. Operating margin was 22.4%, 50 basis points better than the prior-year quarter. Net margin was 10.6%, 270 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.96 billion. On the bottom line, the average EPS estimate is $0.70.

Next year's average estimate for revenue is $11.44 billion. The average EPS estimate is $2.32.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 397 members rating the stock outperform and 11 members rating it underperform. Among 83 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 82 give PPL a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on PPL is outperform, with an average price target of $29.57.

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