The earnings call highlighted significant growth projections and positive developments such as infrastructure investments and strategic partnerships. However, it also noted challenges like decreased earnings and industrial load declines. The focus on long-term growth and strategic initiatives provided a balanced view.

Company Guidance -

Q3 2025

During the PPL Corporation's second quarter 2025 earnings call, several key metrics and guidance were highlighted. The company reported GAAP earnings of $0.25 per share and adjusted ongoing earnings of $0.32 per share for the quarter. PPL remains confident in achieving at least the midpoint of its 2025 ongoing earnings forecast of $1.81 per share. The company has plans to complete over $4 billion in infrastructure improvements in 2025 and projects $20 billion in infrastructure investments from 2025 to 2028, supporting an average annual rate base growth of 9.8%. PPL also targets 6% to 8% annual EPS and dividend growth through at least 2028, with EPS growth expected in the top half of that range. Financial strategies include maintaining a strong credit profile with an FFO to debt ratio of 16%-18% and a holding company to total debt ratio below 25%. Additionally, PPL has achieved cumulative annual O&M savings of $150 million compared to its 2021 baseline and is pursuing a joint venture with Blackstone Infrastructure to build new generation in Pennsylvania, potentially requiring new capital expenditures not currently included in the plan.

Projected Earnings and Dividend Growth

PPL projects a 6% to 8% annual earnings per share and dividend growth through at least 2028, with EPS growth expected in the top half of that range.

Infrastructure Investment

PPL is on track to complete over $4 billion in infrastructure improvements in 2025, with a projection of $20 billion in infrastructure improvements from 2025 to 2028, resulting in an average annual rate base growth of 9.8%.

Joint Venture with Blackstone Infrastructure

A joint venture with Blackstone Infrastructure to develop new generation in Pennsylvania with regulated-like risk profiles, supporting data center expansion without entering the merchant generation business.

Regulatory Progress in Kentucky

PPL filed a constructive stipulation agreement with the KPSC for generation construction, supporting new natural gas combined cycle units and mechanisms for cost recovery.

Economic Growth in Pennsylvania

Significant data center expansion in Pennsylvania with over 14.5 gigawatts of projects in advanced stages, including major investments by Amazon and CoreWeave.

PPL (PPL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PPL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.47 / -	0.42	―	―	―
Jul 31, 2025	2025 (Q2)	0.39 / 0.32	0.38	-15.79% (-0.06)
Apr 30, 2025	2025 (Q1)	0.55 / 0.60	0.54	11.11% (+0.06)
Feb 13, 2025	2024 (Q4)	0.37 / 0.34	0.4	-15.00% (-0.06)
Nov 01, 2024	2024 (Q3)	0.42 / 0.42	0.43	-2.33% (-0.01)
Aug 02, 2024	2024 (Q2)	0.33 / 0.38	0.29	31.03% (+0.09)
May 01, 2024	2024 (Q1)	0.50 / 0.54	0.48	12.50% (+0.06)
Feb 16, 2024	2023 (Q4)	0.38 / 0.40	0.28	42.86% (+0.12)
Nov 02, 2023	2023 (Q3)	0.42 / 0.43	0.41	4.88% (+0.02)
Aug 04, 2023	2023 (Q2)	0.32 / 0.29	0.3	-3.33% (-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PPL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$36.04	$35.69	-0.97%
Apr 30, 2025	$36.10	$36.21	+0.30%
Feb 13, 2025	$33.97	$33.86	-0.32%
Nov 01, 2024	$31.79	$30.81	-3.08%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ppl Corp. (PPL) report earnings?

Ppl Corp. (PPL) is schdueled to report earning on Oct 30, 2025, Before Open (Confirmed).

What is Ppl Corp. (PPL) earnings time?

Ppl Corp. (PPL) earnings time is at Oct 30, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PPL EPS forecast?

PPL EPS forecast for the fiscal quarter 2025 (Q3) is 0.47.

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