PPL Corp. (PPL) Tops Q2 EPS by 1c, Offers FY Guidance

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PPL Corporation Reports Second-Quarter 2020 Earnings

August 10, 2020 8:20 AM EDT

ALLENTOWN, Pa., Aug. 10, 2020 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Monday (8/10) announced second-quarter 2020 reported earnings (GAAP) of $344 million, or $0.45 per share, compared with second-quarter 2019 reported earnings of $441 million, or $0.60 per share.

Reported earnings for the first six months of 2020 were $898 million, or $1.17 per share, compared with $907 million, or $1.24 per share, for the first six months of 2019.

Adjusting for special items, second-quarter 2020 earnings from ongoing operations (non-GAAP) were $427 million, or $0.55 per share, compared to $422 million, or $0.58 per share, a year ago.

Earnings from ongoing operations for the first six months... More