secwatch.observer — SEC 8-K summary
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Issuer:     PPL Corp (PPL)
CIK:        0000922224
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000922224-24-000012
Event type: earnings
Sentiment:  positive
Materiality: 0.55
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/0000922224-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922224/000092222424000012/ppl-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000922224-24-000012

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