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Mar 31, 2023
PPL Q1 2023 Earnings Report
Reported first-quarter earnings and reaffirmed 2023 ongoing earnings forecast.
Key Takeaways
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.
Reported earnings (GAAP) per share of $0.39 for the first quarter of 2023.
Ongoing earnings per share reached $0.48 in Q1 2023, compared to $0.41 in 2022.
Reaffirmed 2023 ongoing earnings forecast of $1.50 to $1.65 per share.
Projected annual earnings per share and dividend growth of 6% to 8% through at least 2026 remains on track.
Forward Guidance
PPL's 2023 earnings from ongoing operations forecast range is $1.50 to $1.65, with a midpoint of $1.58 per share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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