---
schema_version: "secwatch.filing_event.v1"
accession: "0000922224-24-000012"
form_type: "8-K"
ticker: "PPL"
cik: "0000922224"
company_name: "PPL Corp"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T03:46:53.272315+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PPL Q1 2024 ongoing EPS $0.54 beats $0.48 YoY; reaffirms FY guidance

## Summary
- Q1 2024 ongoing EPS $0.54 vs $0.48 YoY (+12.5%); GAAP EPS $0.42 vs $0.39.
- Reaffirms FY2024 ongoing EPS forecast $1.63-$1.75 (midpoint $1.69) and 6-8% growth through at least 2027.
- Targets >$3B infrastructure spend in 2024; $14.3B through 2027; O&M savings $175M by 2026.
- $95M special-item after-tax charges in Q1 due to Rhode Island Energy integration.

## SEC filing metadata
- accession: 0000922224-24-000012
- form_type: 8-K
- ticker: PPL
- cik: 0000922224
- company_name: PPL Corp
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/0000922224-24-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/ppl-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000922224-24-000012
- JSON: https://secwatch.observer/filing/0000922224-24-000012.json
- Plain text: https://secwatch.observer/filing/0000922224-24-000012.txt

## Key facts
- Earnings Releases
  PPL Corp reported FY 2024 results: EPS $1.63 to $1.75 per share. Guidance reaffirmed.
  - Period: FY 2024
  - EPS: $1.63 to $1.75 per share
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Reaffirms 2024 ongoing earnings forecast range of $1.63 to $1.75 per share with a midpoint of $1.69 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/0000922224-24-000012-index.htm
- Earnings Releases
  PPL Corp reported through at least 2027 results: EPS 6% to 8%. Guidance reaffirmed.
  - Period: through at least 2027
  - EPS: 6% to 8%
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Reaffirms projected annual earnings per share and dividend growth of 6% to 8% through at least 2027.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/0000922224-24-000012-index.htm
- Earnings Releases
  PPL Corp reported Q1 2024 results: net income $402 million, EPS $0.54.
  - Period: Q1 2024
  - Net income: $402 million
  - EPS: $0.54
  - Result: reported results
  source text: PPL Corporation (NYSE: PPL) today announced first-quarter 2024 reported earnings (GAAP) of $307 million, or $0.42 per share, compared with first-quarter 2023 reported earnings of $285 million, or $0.39 per share.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/0000922224-24-000012-index.htm
- Earnings Releases
  PPL Corp reported Q1 2024 results: net income $402 million, EPS $0.54.
  - Period: Q1 2024
  - Net income: $402 million
  - EPS: $0.54
  - Result: reported results
  source text: Adjusting for special items, first-quarter 2024 earnings from ongoing operations (non-GAAP) were $402 million, or $0.54 per share, compared with $352 million, or $0.48 per share, a year ago.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/0000922224-24-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.