PPL's Q2 Earnings Top Estimates on Higher Electricity Sales

PPL Corporation (PPL) reported second-quarter 2024 operating earnings per share (EPS) of 38 cents, which surpassed the Zacks Consensus Estimate of 31 cents by 22.6%. The bottom line increased 31% from the yearago quarter's figure of 29 cents per share. On a GAAP basis, PPL recorded EPS of 26 cents compared with 15 cents in the year-ago quarter. The difference between GAAP and operating earnings was due to a one-time item like 12 cents expenses relating to acquisition integration. Revenues Total revenues of ...