PPL Corp. (PPL) Tops Q4 EPS by 10c
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PPL Corporation Reports 2016 Earnings
February 1, 2017 7:10 AM ESTALLENTOWN, Pa., Feb. 1, 2017 /PRNewswire/ --Â PPL Corporation (NYSE: PPL) on Wednesday (2/1) announced 2016 reported earnings (GAAP) of $1.9 billion, or $2.79 per share, compared with $682 million, or $1.01 per share, in 2015.
The company's results for 2015 reflect the $921 million loss from discontinued operations, or $1.36 per share, resulting primarily from the June 1 spinoff of its competitive supply business.
Adjusting for special items, earnings from ongoing operations were $1.67 billion, or $2.45 per share, compared with earnings from ongoing operations of $1.49 billion, or $2.21 per share in 2015, an increase of 11 percent on a per-share basis.
The company's results... More
