PPL Q1 reported EPS rises to $0.56 from $0.42; 2025 earnings forecast reaffirmed
PPL Corporation reported first-quarter 2025 reported (GAAP) net income of $414 million, or $0.56 per share, up from $307 million, or $0.42 per share, a year earlier. Earnings from ongoing operations (non-GAAP) were $0.60 per share versus $0.54, and the company reaffirmed its 2025 ongoing earnings forecast of $1.75 to $1.87 per share, with a midpoint of $1.81. For shareholders, profit rose and guidance was unchanged rather than raised or cut.
Key points
- Reported net income was $414 million, or $0.56 per share, versus $307 million, or $0.42 per share, in Q1 2024.
- Earnings from ongoing operations were $444 million, or $0.60 per share, versus $402 million, or $0.54 per share.
- Operating revenues were $2,504 million versus $2,304 million a year earlier.
- PPL reaffirmed its 2025 ongoing EPS forecast range of $1.75 to $1.87 and 6% to 8% annual EPS and dividend growth through at least 2028.
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 April 30, 2025.
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.