PPL Corp. (PPL) Tops Q4 EPS by 3c, Offers Guidance

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PPL Corporation Reports 2018 Earnings

February 14, 2019 7:30 AM EST

ALLENTOWN, Pa., Feb. 14, 2019 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (2/14) announced 2018 reported earnings (GAAP) of $1.83 billion, or $2.58 per share, compared with $1.13 billion, or $1.64 per share, in 2017.

The year-over-year increase in reported earnings reflects special items related to the 2017 impact of U.S. tax reform and unrealized foreign currency economic hedges.

Adjusting for special items, earnings from ongoing operations were $1.71 billion, or $2.40 per share, a per-share increase of about 7 percent from 2017 ongoing earnings of $1.55 billion, or $2.25 per share. The increase was driven by higher earnings at all... More