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Mar 31, 2022
PPL Q1 2022 Earnings Report
Reported earnings for the first quarter of 2022, with ongoing EPS surpassing the previous year.
Key Takeaways
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.
Announced 2022 first-quarter reported earnings (GAAP) of $0.37 per share.
Achieved 2022 first-quarter ongoing earnings per share of $0.41 vs. $0.28 in 2021.
Focused on strategically repositioning PPL for long-term growth and success.
Remained confident in the value of Narragansett Electric acquisition and prepared to close promptly with National Grid.
Forward Guidance
PPL expects to provide a strategic update, including annualized dividend and earnings forecasts, as well as details on its plan to achieve long-term competitive earnings per share growth, at an investor day following the conclusion of the Rhode Island appeals process.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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