PPL Corp. (PPL) Tops Q3 EPS by 1c, Revenues Miss; Lifts FY18 EPS Mid-Point Outlook

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Go back to PPL Corp. (PPL) Tops Q3 EPS by 1c, Revenues Miss; Lifts FY18 EPS Mid-Point Outlook

PPL Corporation Reports Third-Quarter Earnings

November 1, 2018 8:00 AM EDT

ALLENTOWN, Pa., Nov. 1, 2018 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (11/1) announced third-quarter 2018 reported earnings (GAAP) of $445 million or $0.62 per share, an increase from third-quarter 2017 reported earnings of $355 million, or $0.51 per share.

Reported earnings for the first nine months of 2018 were $1.41 billion, or $2.01 per share, an increase from $1.05 billion, or $1.53 per share, for the first nine months of 2017.      

Adjusting for special items, third-quarter 2018 earnings from ongoing operations (non-GAAP) were $422 million, or $0.59 per share, compared to $388 million, or $0.56 per share, a year ago, a per-share increase of about 5 percent.... More