What move does the options market price into PPL's report?

Implied ±1.8%, either direction.

How often does PPL move more than the options market prices?

0 of the last 8 reports moved at least as far as the implied move.

PPLNYSEElectric Services

PPL Corp (PPL) earnings date, market-implied expected move, and options open interest by expiry

35.16

−0.55 · −1.54%

Regular session10:10 ET

Open35.71Volume9.0MMkt cap$27.4BP/E21.62Div yield3.12%

Day35.05 – 35.7116%52-wk31.56 – 39.4646%

PPL

PPL Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±1.8%implied · report alone

8Q avg ±1.4%·×1.29·rich

35.0836.34

straddle ±3.3%

spot 35.71exp Nov 20ATM strike 36ATM straddle 1.38IV 22%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 6

before open · in 2 days

confirmed

Calendar

Next report

Last report

+2.43%

vs ±3.1% implied · ×0.78

shaded = implied · ▲▼ = realized

Aug 7 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

−2.67%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

1,039 managers

Top fund weight

1.93%

PPL weight · XLU

N-PORTJun 30 '26

9 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

PPL (PPL) reports on Nov 6 before open (confirmed date).

Implied vs realized

8 reports

0 of 8≥ implied

avg implied: ±3.0%
avg realized: ±1.4%

Nov 1 '24Nov 1 '24confirmed±4.1%▼−3.07%×0.75

Feb 13 '25Feb 13 '25confirmed±1.6%▼−0.32%×0.20

Apr 30 '25Apr 30 '25confirmed±3.2%▲+0.30%×0.09

Jul 31 '25Jul 31 '25confirmed±4.0%▼−0.97%×0.24

Q3 FY25Nov 5 '25confirmed±3.4%▲+0.33%×0.10

Feb 20 '26Feb 20 '26confirmed±1.8%▲+1.27%×0.69

Q1 FY26May 8 '26confirmed±2.7%▼−2.34%×0.88

Q2 FY26Aug 7 '26confirmed±3.1%▲+2.43%×0.78

quarterimplied−5%0+5%realized×

Q2 FY26±3.1%▲+2.43%×0.78

Q1 FY26±2.7%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 4 expiries · Oct 27 close

0.17OI · 4 expiries · Oct 27 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

589+16%Nov 2016d3,462+40%

5—Dec 1844d0.04127+6250%0.04

17,205+1%Jan 1572d4.873,531+6%4.87

113+19%Apr 16163d0.15772+42%0.15

ExpiryPutsCallsP/C

Nov 2016d589+16%3,462+40%0.17

Dec 1844d5—127+6250%0.04

Jan 1572d17,205+1%3,531+6%4.87

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±3.3%

Funds 4

XLU±0.1%

RSP±0.0%

VTV±0.0%

SPY±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

10.90%as filednet margin · revenue −23.90% QoQ · +4.25% YoY

Revenue

$2.1B−23.90% QoQ

Gross profit

$837M−23.63% QoQ

39.65% margin

Operating income

$475M−36.24% QoQ

22.50% margin

Pre-tax income

$286M−48.93% QoQ

Net income

$230M−49.12% QoQ

10.90% margin

Cost of revenue

$1.3B−24.08% QoQ

Operating expenses

$362M+3.13% QoQ

Other expense

$189M

Tax

$56M−48.15% QoQ

Revenue$2.1B−23.90%

Gross profit

$837M−23.63%

39.65% margin

Operating income

$475M−36.24%

22.50% margin

Pre-tax income

$286M−48.93%

Net income

$230M−49.12%

10.90% margin

Cost of revenue

$1.3B−24.08%

Operating expenses

$362M+3.13%

Other expense

$189M

Tax$56M−48.15%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 10:00 ET

Intraday

Event sensitivity

NFP ×1.50· ±1.3% vs ±0.9% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±1.3%5 of 10×1.50

PCEpersonal income & outlays±1.0%11 of 19×1.22

FOMCrate decision±1.0%10 of 24×1.17

GDPgross domestic product±0.9%11 of 19×1.10

CPROFcorporate profits±0.8%8 of 12×0.92

PPIproducer prices±0.8%4 of 10×0.91

CPIconsumer prices±0.8%7 of 10×0.87

Bar = avg |move| to ±2% · tick = ±0.9% avg day · ×base = |move| ÷ ±0.9% · min 6 releases

Earnings history

EPS 0.30 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 7 '26 · confirmed	0.30	—
Q1 FY26	May 8 '26 · confirmed	0.00	—
Q3 FY25	Nov 5 '25 · confirmed	0.43	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod