PPL Corporation Reports Strong Q1 2025 Earnings

PPL Corporation ( (PPL) ) has released its Q1 earnings. Here is a breakdown of the information PPL Corporation presented to its investors.

PPL Corporation, headquartered in Allentown, Pennsylvania, is a prominent U.S. energy company that provides electricity and natural gas services to over 3.6 million customers, focusing on creating sustainable and resilient energy solutions.

In its first-quarter 2025 earnings report, PPL Corporation announced a reported earnings per share (EPS) of $0.56, a significant increase from $0.42 in the same quarter of 2024. The company also achieved ongoing earnings per share of $0.60, up from $0.54 in the previous year, demonstrating solid financial performance and operational execution.

Key financial highlights include a 35% increase in reported earnings to $414 million and a 10% rise in earnings from ongoing operations to $444 million. The company reaffirmed its 2025 ongoing earnings forecast range of $1.75 to $1.87 per share and maintained its annual EPS and dividend growth targets of 6% to 8% through 2028. Segment-wise, Kentucky and Pennsylvania operations showed increased earnings due to higher sales volumes and transmission revenue, while Rhode Island faced higher operating costs.

PPL Corporation’s management remains optimistic about the future, emphasizing the company’s strategic focus on modernizing energy networks and leveraging technology to meet evolving customer needs. The company is well-positioned to continue its growth trajectory, supported by strong interest from data center developers in key regions like Pennsylvania and Kentucky.