Energy company PPL Corporation (NYSE: PPL) Friday announced financial results for the second quarter of 2024, reporting an increase in revenues and adjusted earnings.
- Second-quarter profit increased to $190 million or $0.26 per share from $112 million or $0.15 per share in the prior-year quarter
- Earnings from ongoing operations, on an adjusted basis, were $282 million or $0.38 per share in the June quarter, compared with $215 million, or $0.29 per share, a year ago.
- Operating revenues increased to $1.88 billion in the second quarter from $1.82 billion in the year-ago period
- For fiscal 2024, the company forecasts earnings from ongoing operations in the range of $1.63 per share to $1.75 per share
- It reaffirmed the target for annual operation and maintenance savings of at least $175 million by 2026 from the 2021 baseline
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
