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Dec 31, 2020

PPL Q4 2020 Earnings Report

Reported earnings of $0.38 per share and earnings from ongoing operations of $0.59 per share.

Key Takeaways

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.

Reported earnings of $0.38 per share.

Earnings from ongoing operations of $0.59 per share.

Announced a quarterly common stock dividend of $0.4150 per share.

Maintained commitment to dividends as a key component of total shareowner return.

Total Revenue
$1.93B
Previous year: $1.95B
-1.3%
EPS
$0.59
Previous year: $0.57
+3.5%
Gross Profit
$1.11B
Previous year: $1.08B
+2.8%
Cash and Equivalents
$708M
Previous year: $815M
-13.1%
Free Cash Flow
-$402M
Previous year: -$347M
+15.9%
Total Assets
$48.1B
Previous year: $45.7B
+5.3%

PPL

PPL

Forward Guidance

PPL is not providing future earnings guidance at this time as a result of the formal process to sell its U.K. utility business. The company expects to announce a transaction in the first half of 2021.