PPL Q2 reported EPS rises to $0.30 from $0.25; 2026 earnings forecast reaffirmed
PPL reported second-quarter 2026 earnings of $230 million, or $0.30 per share, up from $0.25 a year earlier, and ongoing earnings of $0.33 per share versus $0.32. The company reaffirmed its 2026 ongoing earnings forecast of $1.90 to $1.98 per share and its 6% to 8% annual EPS growth target through at least 2029. It also estimates $10 billion to $12 billion of potential investment upside through 2032 tied to generation needs, while its business plan excludes earnings and investments from the Invitium Energy joint venture.
Key points
- Reported net income of $230 million ($0.30 per share) for Q2 2026, versus $183 million ($0.25) in Q2 2025; operating revenues were $2.11 billion versus $2.03 billion.
- Ongoing earnings were $0.33 per share for Q2 2026, versus $0.32 a year earlier; ongoing earnings for the first six months were $0.96 per share versus $0.92.
- 2026 ongoing EPS forecast range of $1.90 to $1.98 was reaffirmed, with a midpoint of $1.94 per share.
- Estimated $10 billion to $12 billion of investment upside through 2032; Invitium Energy expects one or more commercial agreements by the end of 2026.
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 07, 2026.
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.