Management utilizes non-GAAP financial measures such as "earnings from ongoing operations" or "ongoing earnings" in this presentation. For additional information on non-GAAP financial measures and reconciliations to the appropriate GAAP measure, refer to the Appendix of this presentation and PPL's SEC filings. 2 Business Update Vince Sorgi President & Chief Executive Officer 4 th QUARTER 2024 INVESTOR UPDATE 4 th Quarter 2024 Investor Update February 13, 2025 PPL CORPORATION Cautionary Statements and Factor ...

PPL (PPL) came out with quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.40 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -8.11%. A quarter ago, it was expected that this energy and utility holding company would post earnings of $0.39 per share when it actually produced earnings of $0.42, delivering a surprise of 7.69%.Over the last four quarters, ...

Exhibit 99.1 news release www.pplnewsroom.com Contacts: For news media: Ryan Hill, 610-774-4033 For financial analysts: Andy Ludwig, 610-774-3389 PPL Corporation reports 2024 earnings results; updates business plan and extends growth targets through 2028 ALLENTOWN, Pa. (Feb. 13, 2025) – PPL Corporation (NYSE: PPL) today announced 2024 reported earnings (GAAP) of $888 million, or $1.20 per share, compared with 2023 reported earnings of $740 million, or $1.00 per share. Adjusting for special items, 2024 earni ...

Core Points - PPL Corporation reported 2024 earnings of $888 million, or $1.20 per share, a 20% increase from 2023 earnings of $740 million, or $1.00 per share [1] - Adjusted earnings from ongoing operations for 2024 were $1.25 billion, or $1.69 per share, compared to $1.18 billion, or $1.60 per share in 2023, reflecting a 6% increase [1][2] - The company achieved its targeted earnings per share and dividend growth, completing over $3 billion in infrastructure investments [3][5] Financial Performance - Fourth-quarter 2024 reported earnings were $177 million, or $0.24 per share, up 57% from $113 million, or $0.15 per share in the fourth quarter of 2023 [2] - Adjusted fourth-quarter earnings from ongoing operations were $256 million, or $0.34 per share, down from $299 million, or $0.40 per share in the same quarter of 2023 [2][21] - The company achieved cumulative annual O&M savings of $120-$130 million in 2024, building on $75 million in savings from 2023 [6][12] Strategic Initiatives - PPL completed $3.1 billion in planned capital investments in 2024 to enhance grid resilience and advance a cleaner energy mix [5][10] - The company successfully integrated Rhode Island Energy into its operations, completing the transition services established during the acquisition [7] - PPL's updated business plan includes a forecasted earnings range of $1.75 to $1.87 per share for 2025, representing a 7% increase over the 2024 forecast midpoint [8][29] Growth Projections - PPL extended its annual EPS and dividend growth targets of 6% to 8% through at least 2028, with EPS growth expected in the top half of the range [9][11] - Planned infrastructure investments were increased to $20 billion from 2025 to 2028, resulting in an average annual rate base growth of 9.8% [10] - The company anticipates maintaining a strong balance sheet with projected equity needs of $2.5 billion over the plan period [11][12] Segment Performance - The Kentucky Regulated segment reported earnings of $0.83 per share in 2024, up from $0.75 in 2023 [16] - The Pennsylvania Regulated segment also saw an increase in earnings, reporting $0.78 per share in 2024 compared to $0.70 in 2023 [22] - The Rhode Island Regulated segment's earnings increased to $0.15 per share in 2024 from $0.13 in 2023, driven by higher distribution and transmission revenue [24]

Core Viewpoint - PPL Corporation is expected to report an increase in revenues but a decrease in earnings for the fourth quarter of 2024, with earnings estimates indicating a decline of 7.5% year-over-year while revenues are projected to grow by 3.1% [1][2]. Revenue and Earnings Estimates - The Zacks Consensus Estimate for PPL's fourth-quarter revenues is $2.09 billion, reflecting a growth of 3.1% compared to the previous year [2]. - The earnings estimate for the fourth quarter is set at 37 cents per share, which represents a decline of 7.5% from the same quarter last year [2]. Earnings Surprise History - PPL has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 9.85% [3][4]. Earnings Prediction Model - The current model does not predict a likely earnings beat for PPL this quarter, as the Earnings ESP is -0.67% and the Zacks Rank is 2 (Buy) [5][4]. Factors Influencing Earnings - PPL is experiencing load growth driven by increased demand for data centers in Pennsylvania and Kentucky, which is expected to positively impact fourth-quarter earnings [9]. - The company is implementing cost-saving initiatives, reducing Operation & Maintenance expenses by an average of 2.5% per year, which is likely to contribute to earnings growth [10]. Stock Performance and Valuation - PPL's shares have increased by 30.2% over the past year, outperforming the industry average of 20.8% [11]. - The company is currently valued at a premium compared to its industry on a forward 12-month P/E basis [14]. Regulatory Environment and Investment Recovery - PPL operates in a favorable regulatory environment, with over 60% of its capital investment plan subject to "contemporaneous recovery," which mitigates the impact of regulatory lag on earnings [15]. - The quick recovery of capital expenditures allows PPL to fund long-term projects more effectively [15]. Research and Development Initiatives - PPL is engaged in over 175 research and development projects in collaboration with more than 30 industry and academic partners, focusing on low-carbon energy technologies and enhancing network resiliency [16]. Financial Health - Credit rating agencies have upgraded PPL's credit ratings to positive, and as of September 30, 2024, the company had nearly $3 billion in unused credit capacity, enhancing its liquidity [17]. - The times-interest-earned ratio was 2.4 at the end of the third quarter of 2024, indicating strong capability to meet interest obligations [17]. Investment Consideration - PPL is positioned to benefit from rising energy demand, cost-saving initiatives, and effective capital expenditure recovery mechanisms, making it a potential addition to investment portfolios [18].

Core Viewpoint - Wall Street analysts anticipate a quarterly earnings per share (EPS) of $0.37 for PPL, reflecting a year-over-year decline of 7.5%, while revenues are projected to be $2.09 billion, representing a 3.1% increase from the previous year [1] Group 1: Earnings and Revenue Estimates - The consensus EPS estimate has been revised upward by 2.8% over the last 30 days, indicating analysts' reassessment of their initial forecasts [1] - Analysts forecast 'Revenues- Pennsylvania Regulated' to reach $742.64 million, marking a 4.2% increase from the year-ago quarter [4] - 'Revenues- Rhode Island Regulated' is expected to be $509.35 million, indicating a 2.7% increase from the prior-year quarter [4] - 'Revenues- Kentucky Regulated' is projected to reach $850.25 million, reflecting a 3.6% increase from the year-ago quarter [4] Group 2: Stock Performance and Market Outlook - PPL shares have increased by 7.6% in the past month, outperforming the Zacks S&P 500 composite, which saw a 2.1% increase [4] - With a Zacks Rank 2 (Buy), PPL is expected to outperform the overall market performance in the near term [4]

ALLENTOWN, Pa., Feb. 7, 2025 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced today that the company's 2025 Annual Meeting of Shareowners will be held virtually. The Annual Meeting will convene live via the internet on Friday, May 16, 2025, at 9 a.m. Eastern time. Shareowners of record as of March 4, 2025, are eligible to vote and participate in the Annual Meeting. Instructions on how to join the meeting will be included in proxy materials that will be provided to shareowners. About PPLPPL Corporation, ...

Company Overview - PPL is expected to report a year-over-year decline in earnings, with a projected EPS of $0.37, reflecting a decrease of 7.5% compared to the previous year [3] - Revenue for the upcoming quarter is anticipated to be $2.09 billion, which represents a 3.1% increase from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 2.8% higher in the last 30 days, indicating a reassessment by analysts [4] - The Most Accurate Estimate for PPL is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.67%, suggesting a bearish outlook from analysts [10] Earnings Surprise History - In the last reported quarter, PPL exceeded the expected EPS of $0.39 by delivering $0.42, resulting in a surprise of +7.69% [12] - Over the last four quarters, PPL has beaten consensus EPS estimates consistently [13] Comparison with Industry Peers - Dominion Energy, a competitor in the Zacks Utility - Electric Power industry, is expected to post earnings of $0.54 per share, indicating a significant year-over-year increase of 86.2% [17] - Dominion Energy's revenue is projected to be $3.51 billion, slightly down by 0.6% from the previous year [17] - Despite a recent downward revision of 1.8% in EPS estimates, Dominion Energy has a positive Earnings ESP of 4.32%, suggesting a likelihood of beating the consensus EPS estimate [18]

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!In the fall of 2023, I believed that a similar story was seen in the case of PPL (NYSE: PPL ) . This followed some transformative moves in 2021, through which the company divested its UK assets, w ...

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