PPL Corp. (PPL) Tops Q1 EPS by 8c

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Go back to PPL Corp. (PPL) Tops Q1 EPS by 8c

PPL Corporation Reports First-Quarter Earnings

May 7, 2015 7:01 AM EDT

ALLENTOWN, Pa., May 7, 2015 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (5/7) announced first-quarter 2015 reported earnings of $647 million, or $0.96 per share, an increase from $316 million, or $0.49 per share, in the first quarter of 2014.

Adjusting for special items, including Supply segment earnings, first-quarter 2015 regulated utility earnings from ongoing operations were $519 million, or $0.77 per share. This compares to regulated utility earnings from ongoing operations (adjusted) of $426 million, or $0.66 per share, in the first quarter of 2014.

"Strong first-quarter earnings at our U.K. regulated segment drove a 17 percent increase in per-share regulated utility earnings... More