PPL Corp. (PPL) Tops Q4 EPS by 4c, Revenues Miss

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PPL Corporation Reports 2019 Earnings

February 14, 2020 8:00 AM EST

ALLENTOWN, Pa., Feb. 14, 2020 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Friday (2/14) announced 2019 reported earnings (GAAP) of $1.75 billion, or $2.37 per share, compared with $1.83 billion, or $2.58 per share, in 2018.

The year-over-year decrease in reported earnings reflects special items related to unrealized gains and losses on foreign currency economic hedges.

Adjusting for special items, 2019 earnings from ongoing operations (non-GAAP) were $1.81 billion, or $2.45 per share, compared with 2018 ongoing earnings of $1.71 billion, or $2.40 per share.

The company exceeded the midpoint of its ongoing earnings forecast for the 10th straight... More