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Earnings Abstract: PPL Corp. reviews greater Q2 earnings and income

by Index Investing News
August 2, 2024
in Markets
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Power firm PPL Company (NYSE: PPL) Friday introduced monetary outcomes for the second quarter of 2024, reporting a rise in revenues and adjusted earnings.

  • Second-quarter revenue elevated to $190 million or $0.26 per share from $112 million or $0.15 per share within the prior-year quarter
  • Earnings from ongoing operations, on an adjusted foundation, have been $282 million or $0.38 per share within the June quarter, in contrast with $215 million, or $0.29 per share, a 12 months in the past.
  • Working revenues elevated to $1.88 billion within the second quarter from $1.82 billion within the year-ago interval
  • For fiscal 2024, the corporate forecasts earnings from ongoing operations within the vary of $1.63 per share to $1.75 per share
  • It reaffirmed focused annual operation and upkeep financial savings of not less than $175 million by 2026 from the 2021 baseline



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