PPL beats 2023 EPS forecast, raises dividend 7.3%, extends 6-8% growth targets through 2027

PPL Corp

2021-FY EPS reported $1.00 revenue$8,312,000,000

2023 ongoing EPS $1.60, above forecast midpoint; reported EPS $1.00.
2024 EPS guidance $1.63-$1.75 (midpoint $1.69), 7% growth from 2023 midpoint.
Quarterly dividend raised 7.3% to $0.2575/share; payable Apr 1, 2024 to holders of record Mar 8.
Capital plan increased to $14.3B through 2027; rate base growth target 6.3% (vs prior 5.6%).
Achieved ~$75M in O&M savings; targets at least $175M in annual savings by 2026.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PPL Corp reported year ended December 31, 2023 results: net income $740 million, EPS $1.00 per share. Guidance reaffirmed.

Period: year ended December 31, 2023
Net income: $740 million
EPS: $1.00 per share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

PPL Corporation (NYSE: PPL) today announced 2023 reported earnings (GAAP) of $740 million, or $1.00 per share, compared with 2022 reported earnings of $756 million, or $1.02 per share.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

PPL Corp filing history →

Source: SEC EDGAR

accession 0000922224-24-000006

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