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Sep 30, 2023
PPL Q3 2023 Earnings Report
PPL Corporation's earnings increased in Q3 2023, with ongoing EPS rising to $0.43, and the 2023 ongoing earnings forecast range was narrowed to $1.55 to $1.60 per share.
Key Takeaways
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.
Reported earnings (GAAP) per share were $0.31 in the third quarter of 2023.
Ongoing earnings per share reached $0.43 in Q3 2023, compared to $0.41 in 2022.
The 2023 ongoing earnings forecast range was narrowed to $1.55 to $1.60 per share.
Projected annual earnings per share and dividend growth of 6% to 8% is reaffirmed through at least 2026.
Forward Guidance
PPL narrowed its 2023 earnings from ongoing operations forecast range to $1.55 to $1.60 per share from a prior forecast range of $1.50 to $1.65 per share. The midpoint remains $1.58 per share.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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