PPL Corp. (PPL) Misses Q1 EPS by 2c; Affirms FY19 EPS Mid-Point Guidance Below Consensus
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PPL Corporation Reports First-Quarter 2019 Earnings
May 2, 2019 8:00 AM EDTALLENTOWN, Pa., May 2, 2019 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Thursday (5/2) announced first-quarter 2019 reported earnings (GAAP) of $466 million, or $0.64 per share, compared with first-quarter 2018 reported earnings of $452 million, or $0.65 per share.
Adjusting for special items, first-quarter 2019 earnings from ongoing operations (non-GAAP) were $508 million, or $0.70 per share, compared to $517 million, or $0.74 per share, a year ago. The decrease in ongoing earnings per share was driven by lower earnings at PPL's U.S. segments, partially offset by higher earnings in the U.K.
"We remain on track to deliver on... More
