PPL Q2 ongoing EPS $0.30 vs $0.19; reaffirms FY22 guidance $1.30-$1.45

PPL Corp

2022-Q3 EPS reported $0.53 revenue$3,478,000,000

Reported Q2 GAAP EPS $0.16; ongoing (non-GAAP) EPS $0.30, up 58% YoY from $0.19.
Completed Rhode Island Energy acquisition on May 25; Q2 integration charges of $0.14/share.
Reaffirms FY2022 ongoing EPS forecast of $1.30-$1.45, midpoint $1.37.
Targets 6-8% annual EPS & dividend growth through at least 2025.
Kentucky Regulated segment earnings up $0.03/share YoY on higher retail rates and volumes.

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