PPL Corp. (NYSE: PPL) reported Q3 EPS of $0.58, $0.03 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $1.89 billion versus the consensus estimate of $2.03 billion.

• Announces third-quarter reported earnings of $0.37 per share and earnings from ongoing operations of $0.58 per share.
• Narrows 2020 earnings from ongoing operations forecast range to $2.40 to $2.50 per share from $2.40 to $2.60 per share.

"Despite the ongoing challenge of COVID-19, we continue to provide superior customer service and reliability across all of our service territories, to strengthen grid resilience, and to deliver when it matters most for our hospitals, first responders and the many people now working and learning from home," said Vincent Sorgi, PPL president and chief executive officer.

"And while COVID-19 and milder weather through the first half of the year have impacted PPL's ongoing earnings, we are on track to achieve the low end of our earnings guidance and have narrowed our 2020 guidance range to $2.40 to $2.50 per share from the prior range of $2.40 to $2.60 per share."

GUIDANCE:

PPL Corp. sees FY2020 EPS of $2.40-$2.50, versus the consensus of $2.42.

For earnings history and earnings-related data on PPL Corp. (PPL) click here.