PPL Corporation ( (PPL) ) has released its Q2 earnings. Here is a breakdown of the information PPL Corporation presented to its investors.
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PPL Corporation, headquartered in Allentown, Pennsylvania, is a leading U.S. energy company that provides electricity and natural gas to over 3.6 million customers, focusing on building resilient power grids and sustainable energy solutions.
In its second-quarter 2025 earnings report, PPL Corporation announced reported earnings of $183 million, or $0.25 per share, a slight decrease from the previous year’s $190 million, or $0.26 per share. The company also achieved ongoing earnings per share of $0.32, down from $0.38 in 2024, primarily due to timing and weather-related factors.
Key financial highlights include reaffirming its 2025 ongoing earnings forecast range of $1.75 to $1.87 per share, with expectations to reach at least the midpoint of $1.81 per share. The company also maintains its 6% to 8% annual EPS and dividend growth targets through 2028, anticipating growth in the upper half of this range. PPL’s strategic initiatives include a joint venture with Blackstone Infrastructure to build new electric generation stations for data centers.
Despite a decrease in second-quarter earnings from ongoing operations, PPL Corporation reported a 20% increase in reported earnings for the first half of 2025 compared to the same period in 2024. The company attributes this growth to higher returns on capital investments and lower operating and maintenance costs.
Looking ahead, PPL Corporation remains confident in achieving its financial commitments and anticipates strong earnings growth in the latter half of 2025. The company continues to focus on enhancing its electric and gas networks’ reliability and resiliency while advancing a cleaner energy mix.