PPL(US:PPL) ZACKS·2025-11-05 17:01Core Insights - PPL Corporation reported third-quarter 2025 operating earnings per share (EPS) of 48 cents, exceeding the Zacks Consensus Estimate of 46 cents by 4.3% and up from 42 cents in the same quarter last year [1][9] - Total revenues reached $2.24 billion, surpassing the Zacks Consensus Estimate of $2.17 billion by 3.08% and increasing 8.4% from $2.07 billion year-over-year [2] - The company sold 17,944 gigawatt hours of electricity, reflecting a 1.2% increase year-over-year [3][9] Financial Performance - Operating income totaled $569 million, a 32.9% increase from $428 million in the previous year [3] - Total operating expenses were $1.67 billion, up 1.95% from $1.64 billion year-over-year, driven by higher fuel and energy purchases [3] - Interest expenses rose to $210 million, an 11.7% increase from $188 million in the same period of 2024 [4] Segment Performance - Pennsylvania Regulated: Adjusted EPS was 21 cents, up 10.5% from 19 cents year-over-year, driven by increased transmission revenues [5] - Kentucky Regulated: Adjusted EPS was 25 cents, compared to 23 cents in the prior year, attributed to higher sales volumes and lower operating costs [6] - Rhode Island Regulated: Adjusted EPS was a loss of 1 cent, an improvement from a loss of 2 cents year-over-year [6] - Corporate and Other: The segment incurred a loss of 3 cents per share, improved from a loss of 10 cents in the previous year [7] Financial Position - As of September 30, 2025, cash and cash equivalents stood at $1.1 billion, up from $0.3 billion as of December 31, 2024 [8] - Long-term debt increased to $16.93 billion from $15.95 billion as of December 31, 2024 [8] Guidance and Future Outlook - PPL narrowed its 2025 EPS guidance to a range of $1.78-$1.84, reaffirming a long-term annual earnings growth rate of 6-8% through 2028 [11] - The company plans to invest $20 billion in infrastructure from 2025 to 2028 [11]