PPL Earnings Reports

PPL Corporation reported strong revenue growth in Q4 2024, increasing 8.85% year-over-year. However, adjusted EPS declined by 15.00% due to higher costs and lower earnings from ongoing operations. Net income saw a significant increase of 56.64%, driven by improved operational efficiency and strategic investments in infrastructure.

PPL Corporation announced third-quarter 2024 reported earnings (GAAP) of $214 million, or $0.29 per share, and narrowed its 2024 ongoing earnings forecast range to $1.67 to $1.73 per share, increasing the midpoint to $1.70 per share.

PPL Corporation announced second-quarter 2024 GAAP earnings of $0.26 per share and non-GAAP earnings of $0.38 per share, compared to $0.15 and $0.29 respectively in the previous year. The company reaffirmed its 2024 ongoing earnings forecast range of $1.63 to $1.75 per share and projected annual earnings per share and dividend growth of 6% to 8% through at least 2027.

PPL Corporation announced first-quarter 2024 reported earnings of $307 million, or $0.42 per share. Earnings from ongoing operations (non-GAAP) were $402 million, or $0.54 per share. The company reaffirmed its 2024 ongoing earnings forecast range of $1.63 to $1.75 per share.

PPL Corporation reported a decrease in GAAP earnings for Q4 2023 compared to Q4 2022, with earnings of $0.15 per share versus $0.26 per share. However, adjusting for special items, earnings from ongoing operations increased to $0.40 per share from $0.28 per share in the prior year. The company exceeded its 2023 earnings forecast midpoint and extended its EPS and dividend growth targets through 2027.

PPL Corporation reported a strong third quarter with GAAP earnings of $0.31 per share and ongoing earnings of $0.43 per share, driven by solid operational performance and effective cost management. The company has narrowed its 2023 ongoing earnings forecast range to $1.55 to $1.60 per share and reaffirms its projected annual EPS and dividend growth of 6% to 8% through at least 2026.

PPL Corporation announced second-quarter 2023 reported earnings of $112 million, or $0.15 per share, compared to $119 million, or $0.16 per share, in the same quarter of the previous year. Ongoing earnings per share were $0.29, slightly down from $0.30 in 2022. The company reaffirmed its 2023 ongoing earnings forecast of $1.50 to $1.65 per share and projected annual earnings per share and dividend growth of 6% to 8% through at least 2026.

PPL Corporation reported GAAP earnings of $0.39 per share and non-GAAP earnings of $0.48 per share, surpassing the previous year's figures. The company reaffirmed its 2023 ongoing earnings forecast of $1.50 to $1.65 per share and remains on track with its infrastructure investment plans.

PPL Corporation reported Q4 2022 earnings of $190 million, or $0.26 per share, compared to $134 million, or $0.18 per share in Q4 2021. Adjusting for special items, earnings from ongoing operations were $209 million, or $0.28 per share, compared to $163 million, or $0.22 per share in the prior year.

PPL Corporation reported GAAP earnings of $0.24 per share and non-GAAP earnings of $0.41 per share, compared to $0.27 and $0.36 respectively in the third quarter of 2021. The company raised the midpoint of its 2022 ongoing earnings forecast to $1.40 per share.

PPL Corporation reported second-quarter 2022 GAAP earnings of $0.16 per share, compared to $0.03 per share in Q2 2021. The company's ongoing earnings per share for Q2 2022 were $0.30, up from $0.19 in the same period last year. PPL reaffirmed its 2022 ongoing earnings forecast range of $1.30 to $1.45 per share.

PPL Corporation announced first-quarter 2022 reported earnings of $273 million, or $0.37 per share, compared to a net loss in the same period last year. Earnings from ongoing operations were $305 million, or $0.41 per share, up from $219 million, or $0.28 per share, in the previous year.

PPL Corporation reported a decrease in GAAP earnings but an increase in non-GAAP earnings from ongoing operations for the third quarter of 2021. The company is advancing its strategic repositioning, including the acquisition of Narragansett Electric, and focusing on clean energy initiatives.

PPL Corporation reported second-quarter 2021 GAAP earnings of $19 million, or $0.03 per share, compared to $344 million, or $0.45 per share, in the same quarter of the previous year. Non-GAAP earnings from ongoing operations were $147 million, or $0.19 per share, compared to $159 million, or $0.20 per share, a year ago. The company continues to advance its strategic repositioning, including completing the sale of its U.K. utility business and progressing with the acquisition of Narragansett Electric.

PPL Corporation reported a first-quarter net loss of $1.84 billion, or $2.39 per share, but achieved earnings from ongoing operations of $219 million, or $0.28 per share. The net loss was primarily due to a net loss from discontinued operations associated with the U.K. utility business. The company is on track to close the sale of WPD by the end of July and expects to close the Narragansett Electric acquisition by March of next year.

PPL Corporation reported Q4 2020 earnings of $290 million, or $0.38 per share, compared to $364 million, or $0.48 per share, in 2019. Earnings from ongoing operations were $456 million, or $0.59 per share, compared to $431 million, or $0.57 per share, in 2019.

PPL Corporation announced third-quarter 2020 reported earnings of $281 million, or $0.37 per share, and earnings from ongoing operations of $0.58 per share. The company narrowed its 2020 earnings from ongoing operations forecast range to $2.40 to $2.50 per share.

PPL Corporation announced second-quarter 2020 reported earnings (GAAP) of $344 million, or $0.45 per share, compared with second-quarter 2019 reported earnings of $441 million, or $0.60 per share. Adjusting for special items, second-quarter 2020 earnings from ongoing operations (non-GAAP) were $427 million, or $0.55 per share, compared to $422 million, or $0.58 per share, a year ago. The company reaffirmed its 2020 guidance range of $2.40 to $2.60 per share and withdrew its financial guidance for 2021.

PPL Corporation reported first-quarter GAAP earnings of $554 million, or $0.72 per share, compared to $466 million, or $0.64 per share, in the first quarter of 2019. Non-GAAP earnings were $514 million, or $0.67 per share, compared to $508 million, or $0.70 per share, a year ago.

PPL Corporation reported a decrease in reported earnings for Q4 2019, primarily due to special items related to unrealized gains and losses on foreign currency economic hedges. However, earnings from ongoing operations increased compared to the previous year.