PPL Corp. (PPL) Misses Q4 EPS by 1c

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PPL Corporation Reports 2015 Earnings

February 4, 2016 7:02 AM EST

ALLENTOWN, Pa., Feb. 4, 2016 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (2/4) announced 2015 reported earnings of $682 million, or $1.01 per share, compared with $1.74 billion, or $2.61 per share, in 2014.

The company's results for 2015 reflect the loss from discontinued operations of $921 million, or $1.36 per share, resulting primarily from the June 1 spinoff of its competitive supply business.

Adjusting for special items, including results from the discontinued operations of the former Supply segment, earnings from ongoing operations were $1.49 billion, or $2.21 per share, compared with earnings from ongoing operations (adjusted) of $1.35 billion, or $2.03 per share... More