secwatch.observer — SEC 8-K summary
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Issuer:     PPL Corp (PPL)
CIK:        0000922224
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0000922224-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/922224/000092222424000006/0000922224-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922224/000092222424000006/ppl-20240216.htm
  HTML page:      https://secwatch.observer/filing/0000922224-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer