Utilities upgrading aging equipment to defend against stronger storms and support increased energy needs.LOUISVILLE, Ky., May 15, 2025 /PRNewswire/ -- If it feels like Kentucky has experienced Mother Nature's wrath more frequently over the last few years, that's not your imagination. Increasingly, scientists – including at the National Oceanic and Atmospheric Administration – are noting the extreme weather pattern of "Tornado Alley" is expanding eastward. In 2025 alone, Kentucky has experienced up to three ...

For the quarter ended March 2025, PPL (PPL) reported revenue of $2.5 billion, up 8.7% over the same period last year. EPS came in at $0.60, compared to $0.54 in the year-ago quarter.The reported revenue represents a surprise of +4.84% over the Zacks Consensus Estimate of $2.39 billion. With the consensus EPS estimate being $0.53, the EPS surprise was +13.21%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to ...

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 March 31, 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 | Registrant; State of Incorporation; | IRS Employer | | --- | --- | --- | | Number | Address and Telephone ...

PPL (PPL) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Company Participants Andrew Ludwig - VP, IRVincent Sorgi - President and Chief Executive OfficerJoseph Bergstein - EVP & CFOShar Pourreza - Senior Managing DirectorPaul Zimbardo - Managing DirectorAnthony Crowdell - Managing DirectorDavid Paz - Senior Vice PresidentIan Rapp - Vice President Conference Call Participants None - AnalystAngie Storozynski - Senior Equity Research Analyst Operator Please note, today's event is being recorded. I would now ...

PPL (PPL) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Speaker0 Please note, today's event is being recorded. Speaker1 I would now like to turn the conference over to Andy Ludwig, Vice President, Investor Relations. Please go ahead. Speaker2 Good morning, everyone, and thank you for joining the PPL Corporation conference call on First Quarter twenty twenty five Financial Results. We have provided slides for this presentation on the Investors section of our website. We begin today's call with updates fro ...

Core Viewpoint - PPL Corporation reported strong first-quarter 2025 results, with operating earnings per share (EPS) exceeding estimates and significant revenue growth compared to the previous year [1][2]. Financial Performance - Operating EPS for Q1 2025 was 60 cents, surpassing the Zacks Consensus Estimate of 53 cents by 13.2%, and up from 54 cents in the same quarter last year [1]. - Total revenues reached $2.50 billion, exceeding the Zacks Consensus Estimate of $2.39 billion by 4.8%, and increased by 8.7% from $2.30 billion year-over-year [2]. - Operating income was $678 million, reflecting a 24.4% increase from $545 million in the prior year [3]. Sales and Expenses - The company sold 18,386 gigawatt hours of electricity, marking a 6.6% year-over-year growth [3]. - Total operating expenses were $1.83 billion, up 4% from $1.76 billion in the previous year, primarily due to increased fuel and energy purchases [3]. - Interest expenses rose to $190 million, a 6.1% increase from $179 million in the same period of 2024 [4]. Segment Performance - In the Pennsylvania Regulated segment, adjusted EPS was 25 cents, up 13.6% from 22 cents year-over-year [5]. - The Kentucky Regulated segment reported adjusted EPS of 30 cents, a 20% increase from 25 cents in the previous year [5]. - The Rhode Island Regulated segment saw adjusted EPS of 10 cents, down 9.1% from 11 cents due to lower distribution and transmission revenues [5]. - The Corporate and Other segment incurred a loss of 5 cents per share, compared to a loss of 4 cents in the prior year [6]. Financial Position - As of March 31, 2025, PPL had cash and cash equivalents of $312 million, slightly up from $306 million at the end of 2024 [7]. - Long-term debt was $15.94 billion, a slight decrease from $15.95 billion at the end of 2024 [7]. - Net cash provided by operating activities was $513 million, compared to $282 million in the same quarter last year [7]. Guidance and Future Outlook - PPL reaffirmed its 2025 earnings projection in the range of $1.75-$1.87 per share, with the Zacks Consensus Estimate at $1.82 per share [8]. - The company maintains a long-term annual earnings growth rate target of 6-8% through 2028 [8]. - Planned infrastructure investments are expected to total $20 billion for the period from 2025 to 2028 [8]. - Management anticipates operational and maintenance savings of at least $150 million by 2025 [9].

PPL (PPL) came out with quarterly earnings of $0.60 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.21%. A quarter ago, it was expected that this energy and utility holding company would post earnings of $0.37 per share when it actually produced earnings of $0.34, delivering a surprise of -8.11%.Over the last four quarters ...

1 st Quarter 2025 Investor Update April 30, 2025 PPL CORPORATION Cautionary Statements and Factors That May Affect Future Results Statements made in this presentation about future operating results or other future events are forward-looking statements under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the forward-looking statements. A discussion of some of the factors that could cause actual results or events to vary is contain ...

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 first-quarter 2025 earnings ALLENTOWN, Pa. (April 30, 2025) - PPL Corporation (NYSE: PPL) today announced first-quarter 2025 reported earnings (GAAP) of $414 million, or $0.56 per share, compared with first-quarter 2024 reported earnings of $307 million, or $0.42 per share. Adjusting for special items, first-quarter 2025 earnings from ongoi ...

Industry Overview - The Zacks Utility Electric - Power industry is experiencing a transformation due to rising electricity demand from data center expansion, transportation electrification, and grid modernization initiatives [1] - Utilities are heavily investing in infrastructure to improve grid resilience, enhance transmission and distribution lines, integrate renewable energy, and comply with regulations [1] Company Investments - PPL Corporation plans to invest $20 billion from 2025 to 2028 to strengthen its infrastructure, focusing on grid hardening and accommodating increased electrification [2] - Duke Energy Corporation expects to spend $83 billion during the 2025-2029 period for grid modernization and transitioning to low-carbon energy sources [3] Earnings Growth Prospects - The Zacks Consensus Estimate for PPL's earnings shows year-over-year growth of 7.69% for 2025 and 8.24% for 2026, with a long-term growth rate of 7.46% [5] - Duke Energy's earnings are projected to grow by 7.12% in 2025 and 6.24% in 2026, with a long-term growth rate of 6.33% [8] Return on Equity - PPL's current Return on Equity (ROE) is 8.88%, while Duke Energy's ROE is 9.50%, both slightly below the industry average of 9.77% [11] Capital Expenditure Plans - PPL's capital investment plan focuses on infrastructure projects for generation, transmission, and distribution, with a regulated capital investment of $20 billion from 2025 to 2028 [14] - Duke Energy aims to enhance its operations and renewable generation portfolio with an expected expenditure of $83 billion from 2025 to 2029 [15] Valuation Metrics - PPL is trading at a forward earnings multiple of 19.54X, above its five-year median of 16.72X, while Duke Energy's forward earnings multiple is 18.7X, also above its median of 17.64X [16] Dividend Yield - PPL's current dividend yield is 2.99%, and Duke Energy's is 3.46%, both exceeding the S&P 500 Composite average of 1.65% [18] Price Performance - Over the past year, PPL shares have increased by 32.4%, while Duke Energy's shares have risen by 23.1%, both outperforming the industry's growth of 16.8% [19] Conclusion - Both PPL and Duke Energy are making substantial investments to modernize their infrastructure and meet rising electricity demand, presenting significant growth opportunities for investors [22]