secwatch.observer — SEC 8-K summary
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Issuer:     PPL Corp (PPL)
CIK:        0000922224
Form:       8-K
Filed at:   2026-05-08T23:59:59+00:00
Accession:  0000922224-26-000024
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PPL Q1 ongoing EPS $0.63 vs $0.60 YoY; reaffirms FY guidance $1.90-$1.98
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- GAAP net income $452M ($0.60 EPS); ongoing (non-GAAP) $478M ($0.63 EPS), up from $0.60 in Q1 2025.
- Reaffirms 2026 ongoing EPS forecast $1.90-$1.98 (midpoint $1.94); sees 6-8% annual EPS growth through 2029 near top end.
- Pennsylvania base rate case settlement reached; RI electric/gas infrastructure plans approved supporting ~$330M investment.
- Joint venture with Blackstone advancing — executing turbine reservations, PJM interconnection requests, and land evaluation for data-center generation.
- Kentucky generation projects on track: 1,900 MW gas combined-cycle (first 645 MW in 2027), 240 MW solar, 120 MW battery storage.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/922224/000092222426000024/0000922224-26-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/922224/000092222426000024/ppl-20260508.htm
  HTML page:      https://secwatch.observer/filing/0000922224-26-000024

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