earnings
confidence high
sentiment positive
materiality 0.70
PPL Q1 ongoing EPS $0.48 vs $0.41; reaffirms 2023 forecast and growth targets
PPL Corp
2022-Q3 EPS reported
$0.39
revenue$2,415,000,000
- Reported EPS $0.39 (GAAP) vs $0.37; ongoing EPS $0.48 vs $0.41, up 17% YoY.
- Reaffirms 2023 ongoing EPS forecast $1.50-$1.65, midpoint $1.58.
- Plans $12B infrastructure investment over 4 years; $2.5B in 2023.
- Targets 6-8% annual EPS/dividend growth through at least 2026.
- Kentucky Regulated ongoing EPS down $0.04 to $0.22 on mild weather and higher financing costs.