PPL Q2 ongoing EPS rises to $0.38 from $0.29; 2024 earnings forecast reaffirmed
PPL Corporation reported second-quarter 2024 net income of $190 million, or $0.26 per share, up from $112 million, or $0.15 per share, a year earlier. Earnings from ongoing operations rose to $0.38 per share from $0.29, and the company reaffirmed its 2024 ongoing earnings forecast of $1.63 to $1.75 per share, with reaffirmed annual earnings and dividend growth of 6% to 8% through at least 2027.
Key points
- Q2 2024 reported net income was $190 million, or $0.26 per share, versus $112 million, or $0.15 per share, in Q2 2023.
- Q2 2024 earnings from ongoing operations were $282 million, or $0.38 per share, versus $215 million, or $0.29 per share, a year earlier.
- Operating revenues were $1,881 million for Q2 2024, compared with $1,823 million in Q2 2023.
- The 2024 ongoing earnings forecast of $1.63 to $1.75 per share, midpoint $1.69, was reaffirmed; special items were primarily Rhode Island Energy acquisition integration costs.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 02, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.