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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
