PPL Corp. (PPL) Tops Q3 EPS by 2c

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PPL Corporation Reports Third-Quarter Earnings

November 1, 2017 7:15 AM EDT

ALLENTOWN, Pa., Nov. 1, 2017 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Wednesday (11/1) announced third-quarter 2017 reported earnings (GAAP) of $355 million, or $0.51 per share, a decrease from third-quarter 2016 reported earnings of $473 million, or $0.69 per share.

Reported earnings for the first nine months of 2017 were $1.05 billion, or $1.53 per share, a decrease from $1.44 billion, or $2.11 per share, for the first nine months of 2016.

Adjusting for special items, third-quarter 2017 earnings from ongoing operations (non-GAAP) were $388 million, or $0.56 per share, compared with $427 million, or $0.63 per share, a year ago. Earnings from ongoing operations for the first nine... More