PPL Q2 ongoing EPS falls to $0.32 from $0.38; 2025 forecast of $1.75 to $1.87 reaffirmed
PPL reported second-quarter 2025 revenue of $2,025 million, up from $1,881 million a year earlier, but net income fell to $183 million from $190 million. Earnings from ongoing operations declined to $0.32 per share from $0.38, which the company attributed mainly to timing of operating costs and true-ups, favorable weather in 2024, and higher interest expense. PPL reaffirmed its 2025 ongoing earnings forecast of $1.75 to $1.87 per share, with a midpoint of $1.81.
Key points
- Q2 2025 reported EPS was $0.25 versus $0.26 in Q2 2024; reported net income was $183 million versus $190 million.
- Q2 2025 ongoing EPS was $0.32 versus $0.38; first-half ongoing EPS was flat at $0.92.
- Operating revenues rose to $2,025 million in Q2 2025 from $1,881 million, and first-half revenues were $4,529 million versus $4,185 million.
- 2025 ongoing EPS forecast reaffirmed at $1.75 to $1.87, with the company expecting at least the $1.81 midpoint.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits 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 July 31, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.