PPL Q1 GAAP EPS rises 7% to $0.60; revenue climbs to $2.77 billion

PPL Corporation

PPL Corporation

PPL

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  • PPL Corporation posted first-quarter 2026 net income of $452 million, or $0.60 a share, up 9% and 7%, respectively.
  • Ongoing earnings rose to $478 million, or $0.63 a share, up 8% and 5%, with net special-item after-tax charges of $26 million, or $0.03 a share.
  • Operating revenues climbed 11% to $2.77 billion, while operating income increased 9.88% to $745 million.
  • CEO Vincent Sorgi said results keep PPL on track to complete $5.1 billion of 2026 infrastructure investments to modernize electric and gas networks and build new generation in Kentucky.
  • PPL reaffirmed 2026 ongoing EPS guidance of $1.90 to $1.98, midpoint $1.94, while maintaining a 6% to 8% annual EPS growth target through at least 2029.


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