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Form 8-K · Current Report · Filed 2024-05-01

PPL Corporation Announces Strong First-Quarter 2024 Earnings

PPL Corporation reported strong first-quarter 2024 earnings, with GAAP earnings per share of $0.42 and non-GAAP earnings per share of $0.54, reflecting a 12.5% increase from the prior year.

Filer
PPL Corporation PPL · NYSE
Filed
Accession
0000922224-24-000012
CIK
0000922224
Signal
Medium impactUtilities

Details

The company announced a teleconference to discuss these results on May 1, 2024. A press release providing further details was furnished as Exhibit 99.1.

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat General Statement
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$27.46

Next session

+1.7%

Since filing

+28.2%

Latest close

$35.21

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from PPL reporting the same item, with the next session's move:

Exhibits (1)

About PPL Corporation

PPL Corporation is a prominent utility holding company with a primary focus on delivering electricity and natural gas services to a wide range of customers. Headquartered in Allentown, Pennsylvania, PPL Corporation operates through several subsidiaries, providing electricity to millions of residential, commercial, and industrial customers in the United States. The corporation's extensive network includes power generation facilities as well as transmission and distribution systems. PPL is actively involved in the energy sector, influencing both regional and national markets. It strives to maintain reliability and sustainability in its energy supply, with an increasing emphasis on incorporating renewable energy sources and improving grid resilience. The company's operations contribute significantly to the utility industry, impacting economic growth and energy security. Moreover, PPL Corporation plays a vital role in the energy market by investing in innovative technologies and infrastructure development aimed at enhancing energy efficiency and performance. Through strategic planning and a commitment to customer satisfaction, PPL Corporations continues to be a leading participant in the ever-evolving utilities landscape.

Exchange NYSE Industry Utilities - Regulated Electric Company website ↗

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