Core Insights - PPL Corporation is focused on modernizing the grid to enhance electrification and provide customers with options to reduce energy consumption through energy efficiency programs [1] - The company's energy efficiency initiatives are aligned with its goal of achieving net-zero carbon emissions and operational excellence, benefiting from cost savings and improved grid reliability [1] Energy Efficiency Programs - PPL supports various programs aimed at reducing energy usage and costs, including direct bill assistance and weatherization [2] - In 2024, energy efficiency programs helped customers save over 434,100 megawatt-hours (MWh) of electricity and reduced peak demand by nearly 78 MW [2] - PPL's investment in Electric Energy Efficiency Programs for 2024 was approximately $199.8 million, reflecting a 7.4% increase from the previous year [3] Financial Performance - The Zacks Consensus Estimate indicates a year-over-year EPS growth of 7.69% for 2025 and 8.42% for 2026 [8] - PPL shares have increased by 5.7% over the past three months, while the industry has seen a decline of 1.3% during the same period [9][13] - PPL is trading at a forward 12-month price-to-earnings ratio of 19.02X, which is higher than the industry average of 14.75X [11] Customer Engagement and Satisfaction - By providing programs that save customers money and energy, PPL strengthens customer relationships and enhances satisfaction [5] Industry Context - Other utilities, such as Exelon Corporation and Entergy Corporation, are also implementing energy efficiency programs, contributing to overall industry efforts in managing energy use [6][7]

Industry Overview - Utility service providers are benefiting from increased electricity tariffs, accretive acquisitions, cost reductions, and energy-efficiency initiatives [1] - The power industry is also seeing improvements in electric infrastructure resilience against adverse weather and a transition to renewable energy sources [1] Capital Expenditures - Maintenance and improvement of utilities' infrastructure rely heavily on capital expenditures for updating and modernizing assets [2] - Utility providers are investing in output enhancement to meet the growing demand for data centers [2] Transition to Renewable Energy - U.S. electric utilities are evolving beyond revenue generation due to climate measures and federal incentives, positioning them for gradual growth in the clean energy sector [3] Investment Opportunities - Companies like PPL Corporation and FirstEnergy are becoming attractive investment options due to strategic investments in grid infrastructure upgrades [4] - PPL is focusing on infrastructure projects to reduce outages and enhance service resilience [5] - FirstEnergy has expanded its regulated activities and is benefiting from improved economic conditions and increased demand [7] Data Center Demand - In Pennsylvania, potential data center demand has increased to 14.4 GW, with a projected capital investment of $0.75-$1.25 billion [6] - FirstEnergy's long-term data center load demand has grown over 80% since February 2025, totaling 11.1 GW [8] Earnings Estimates - The Zacks Consensus Estimate for PPL's 2025 and 2026 earnings per share indicates increases of 7.69% and 8.33%, respectively [9] - FirstEnergy's projected earnings show a decrease of 3.8% for 2025 but an increase of 6.72% for 2026 [11] Return on Equity - PPL's current return on equity (ROE) is 8.81%, while FirstEnergy's is 11.31%, outperforming the industry average of 10.14% [13] Strategic Investment Plans - PPL plans $20 billion in regulated capital investments from 2025 to 2028 [14] - FirstEnergy has planned investments of $28 billion between 2025 and 2029 [15] Dividend Yield - PPL's dividend yield is 2.97%, compared to FirstEnergy's 4.09% [16] Debt Position - PPL has a debt-to-capital ratio of 55.47%, while FirstEnergy's is 64.56%, both compared to the industry's 59.75% [17] - Both companies maintain a times interest earned (TIE) ratio above 1, indicating financial flexibility [18] Investment Recommendation - PPL is currently favored over FirstEnergy due to better debt management and growth in earnings estimates, with both stocks holding a Zacks Rank 3 (Hold) [19]

About PPL ALLENTOWN, Pa., Aug. 22, 2025 /PRNewswire/ -- PPL Corporation (NYSE: PPL) declared a quarterly common stock dividend on Friday, Aug. 22, 2025, of $0.2725 per share, payable Oct. 1, 2025 to shareowners of record as of Sept.10, 2025. SOURCE PPL Services Corporation Note to Editors: Visit our media website at www.pplnewsroom.com for additional news about PPL Corporation. Contacts: For news media: Ryan Hill, 610-774-4033 For financial analysts: Andy Ludwig, 610-774-3389 PPL Corporation (NYSE: PPL), he ...

Core Insights - PPL Corporation is strategically positioned to benefit from multi-fuel generation through investments in a diverse energy portfolio aimed at enhancing grid reliability, reducing carbon emissions, and lowering costs for customers [1][2] - The company has set ambitious carbon emission reduction targets, aiming for a 70% reduction by 2035, 80% by 2040, and achieving carbon neutrality by 2050 [2] - PPL is investing $20 billion in a regulated capital investment plan from 2025 to 2028, focusing on new technology, grid strengthening, and clean energy generation capacity expansion [1][7] Investment and Growth Strategy - PPL is exploring low-carbon technologies, including hydrogen projects and carbon capture studies, to support its multi-fuel innovation [3][7] - The company is evaluating a diverse mix of replacement generation sources, including natural gas, renewables, and biofuels, to ensure reliability and resilience in the energy landscape [2][3] Earnings Estimates - The Zacks Consensus Estimate indicates a year-over-year EPS growth of 7.69% for 2025 and 8.33% for 2026 [6][7] - Current estimates for 2025 EPS are $1.82, with a projected increase to $1.97 in 2026 [8] Market Position - PPL is trading at a premium with a forward 12-month price-to-earnings ratio of 18.95X, compared to the industry average of 14.97X [9] - Over the past three months, PPL's shares have increased by 3.5%, while the industry has seen a decline of 0.6% [11]

Key Takeaways Upgrades in PA and KY aim to meet demand from data centers and other industries.PPL's smart grid tech investments cut outages and boost energy delivery efficiency.Shares rose 9.1% in three months, outpacing the industry's 3.1% growth.PPL Corporation (PPL) is benefiting from its focus on transmission and distribution through enhanced grid reliability, capacity for increased energy demand and opportunities for strategic investments. This initiative to improve infrastructure, particularly in Penn ...

Core Viewpoint - PPL Corporation's shares have shown resilience despite missing earnings estimates, driven by strategic investments and increasing demand from data centers [1][8][26]. Financial Performance - PPL reported Q2 earnings of 32 cents per share, missing the Zacks Consensus Estimate of 37 cents by 13.5% and down from 38 cents a year ago [1][4][8]. - Total revenues reached $2.03 billion, exceeding the Zacks Consensus Estimate of $1.98 billion by 2.15% and increasing 7.7% from the previous year's $1.88 billion [4][8]. - Interest expenses rose to $199 million, a 9.3% increase from $182 million in the same period of 2024 [9]. Operational Highlights - PPL's Kentucky Regulated segment reported adjusted EPS of 18 cents, remaining flat year over year due to lower sales volumes influenced by weather [6]. - The company sold 15,737 gigawatt hours of electricity, reflecting a 0.9% year-over-year decline [9]. - PPL is focused on reducing operating and maintenance expenses, achieving a 1.4% reduction in the reported quarter [5][17]. Strategic Initiatives - PPL plans to invest $20 billion from 2025 through 2028 to meet rising demand and improve grid reliability, with $4.3 billion and $5.2 billion allocated for 2025 and 2026 respectively [8][16]. - The company is experiencing growth in load driven by data centers, with potential demand increasing from 11 GW to 14.4 GW [14]. Shareholder Returns - PPL has a history of dividend payments, currently offering a quarterly dividend of 27.25 cents per share, with plans to increase it by 6-8% annually through at least 2028 [24][25]. - The expected dividend payout ratio is between 60-65%, supported by strong cash flow generation [25]. Market Position - PPL's trailing 12-month return on equity is 8.81%, below the industry average of 10.41% [20]. - The stock is currently trading at a premium compared to its industry on a forward 12-month P/E basis [21].

For the quarter ended June 2025, PPL (PPL) reported revenue of $2.03 billion, up 7.7% over the same period last year. EPS came in at $0.32, compared to $0.38 in the year-ago quarter.The reported revenue represents a surprise of +2.15% over the Zacks Consensus Estimate of $1.98 billion. With the consensus EPS estimate being $0.37, the EPS surprise was -13.51%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from _________ to ___________ Commission File Number Registrant; State of Incorporation; Address and Telephone Number IRS Employer Identification No. | 1-114 ...

Financial Data and Key Metrics Changes - The company reported second quarter GAAP earnings of $0.25 per share, down from $0.26 per share in Q2 2024. Adjusted earnings from ongoing operations were $0.32 per share, a decrease of $0.06 compared to Q2 2024 [4][33] - The decline in earnings was attributed to several factors, including the timing of operating costs, favorable weather in Q2 2024, and higher interest expenses [33][34] - The company remains confident in achieving at least the midpoint of its 2025 ongoing earnings forecast of $1.81 per share, with expectations of stronger growth in the second half of the year [5][34] Business Line Data and Key Metrics Changes - The Kentucky segment results were flat compared to 2024, with lower sales volumes offset by other factors [36] - The Pennsylvania Regulated segment results decreased by $0.02 per share due to higher operating costs and timing of transmission revenue true-ups [36] - The Rhode Island segment results decreased by $0.03 per share, with higher distribution revenues offset by timing of operating costs [36] Market Data and Key Metrics Changes - The company anticipates a significant increase in demand in Pennsylvania, with approximately 14.5 gigawatts of data center projects in advanced stages of development [17][60] - In Kentucky, the economic development pipeline remains robust, with an estimated 8.5 gigawatts of economic development load potential [30][31] Company Strategy and Development Direction - The company is focused on infrastructure improvements, projecting $20 billion in investments from 2025 to 2028, resulting in average annual rate base growth of 9.8% [5][6] - A joint venture with Blackstone Infrastructure aims to build new generation resources to support data centers, with a focus on long-term energy service agreements [19][20] - The company is actively engaging with stakeholders to strengthen resource adequacy and support economic development [39][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving financial targets despite current challenges, emphasizing the importance of infrastructure investments and regulatory support [5][39] - The company is optimistic about the potential for new generation resources to be built, contingent on long-term agreements with hyperscalers [23][24] Other Important Information - The company filed a stipulation agreement with the KPSC for new generation in Kentucky, which includes mechanisms to reduce lag on investments and support cost recovery [8][9] - The company is seeking a combined $391 million increase in annual electric and gas revenues in Kentucky to support safety and reliability investments [11][12] Q&A Session Summary Question: Can you elaborate on the $17 billion to $19 billion CapEx needs? - Management indicated that this estimate reflects the potential shift from a net long to a net short position in generation due to data center load, with the joint venture and existing IPPs likely addressing this need [43][44] Question: How will power risk be allocated within the joint venture? - The joint venture aims for a regulated-like risk profile, focusing on long-term contracted generation with creditworthy counterparties [48][49] Question: What are the future equity needs and plans for capital? - The company plans to issue $400 million to $500 million in equity this year, utilizing an ATM program for cost-effective capital [51] Question: What is the outlook on PJM capacity auctions? - Management expressed concerns about the current auction outcomes and the need for new generation, emphasizing the importance of the joint venture and legislative support [56][62] Question: How is the company addressing industrial sales contraction? - The decline in industrial sales is attributed to specific customers rather than a broader trend, with management not concerned about the overall industrial load [81][82]

PPL (PPL) Q2 2025 Earnings Call July 31, 2025 11:00 AM ET Speaker0Good day, and welcome to the PPL Corporation Second Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conference over to Andy Ludwig, Vice President, Investor Relations. Please go ahead.Speaker1Good morning, everyone, and thank you for joining the PPL Corporation conference call on second quarter twenty twenty five financi ...