PPL Corp. (PPL) Misses Q4 EPS by 10c
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PPL Corporation Reports 2021 Earnings
February 18, 2022 6:45 AM ESTALLENTOWN, Pa., Feb. 18, 2022 /PRNewswire/ -- PPL Corporation (NYSE: PPL) on Friday (2/18) reported a 2021 net loss of $1.48 billion, or $1.93 per share, compared with reported earnings of $1.47 billion, or $1.91 per share in 2020.
Adjusting for special items, 2021 earnings from ongoing operations (non-GAAP) were $806 million, or $1.05 per share, compared with $774 million, or $1.00 per share, a year ago. Special items were primarily attributable to discontinued operations associated with PPL's former U.K. utility business, a U.K. tax rate change and a loss on the early extinguishment of company debt.
"2021 was a... More
