PPL Corp. (PPL) Tops Q2 EPS by 1c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

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Go back to PPL Corp. (PPL) Tops Q2 EPS by 1c, Revenues Beat; Offers FY18 EPS Outlook Above Consensus

PPL Corporation Reports Second-Quarter Earnings

August 7, 2018 8:00 AM EDT

ALLENTOWN, Pa., Aug. 7, 2018 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Tuesday (8/7) announced second-quarter 2018 reported earnings (GAAP) of $515 million or $0.73 per share, an increase from second-quarter 2017 reported earnings of $292 million, or $0.43 per share.

Reported earnings for the first six months of 2018 were $967 million, or $1.38 per share, an increase from $695 million, or $1.01 per share, for the first six months of 2017.         

Adjusting for special items, second-quarter 2018 earnings from ongoing operations (non-GAAP) were $384 million, or $0.55 per share, compared to $356 million, or $0.52 per share, a year ago, a per-share increase of about 6 percent. The... More