PPL Corp. (PPL) Misses Q1 EPS by 36c
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PPL Corporation Reports First-Quarter 2021 Earnings
May 6, 2021 8:00 AM EDTALLENTOWN, Pa., May 6, 2021 /PRNewswire/ --Â PPL Corporation (NYSE: PPL) on Thursday (5/6) announced a first-quarter 2021 reported net loss (GAAP) of $1.84 billion, or $2.39 per share, compared with first-quarter 2020 reported earnings of $554 million, or $0.72 per share.
Adjusting for special items, first-quarter 2021 earnings from ongoing operations (non-GAAP) were $219 million, or $0.28 per share, compared to $206 million, or $0.27 per share, a year ago.
Special items in the quarter included a non-cash net loss from discontinued operations primarily due to the realization of accumulated other comprehensive losses associated with the U.K. utility business, Western... More
