Core Viewpoint - PPL Corp. expects full-year 2026 earnings per share to be in the range of $1.90 to $1.98, with a commitment to annual earnings growth of 6 to 8 percent through 2029, particularly stronger growth anticipated from 2027 onwards [1] Group 1: Financial Performance and Projections - The company projects earnings per share for 2026 to be between $1.90 and $1.98 [1] - PPL aims for annual earnings per share growth of 6 to 8 percent through 2029, with growth expected to be in the top half of this range based on 2025 earnings of $1.81 per share [1] Group 2: Capital Investments and Dividends - Planned infrastructure investments have been increased to $23 billion from 2026 through 2029, up from a previous plan of $20 billion from 2025 to 2028 [2] - PPL announced a 4.6 percent increase in its quarterly common stock dividend, raising it to $0.2850 per share from $0.2725 per share, effective April 1, 2026 [2] - The company targets annual dividend growth of 4% to 6% to support reinvestment [3] Group 3: Market Performance - In pre-market trading, PPL shares are priced at $35.54, reflecting a decrease of $1.43 or 3.87 percent [4]
PPL Sees EPS Growth In FY26; Boosts Dividend 4.6%; Shares Down 3.9% - Update