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
Earnings Preview: Costco (COST) looks poised to end fiscal 2024 on a high note
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, will unveil its fourth-quarter results on the evening of September 26. It has a good track record of
Key takeaways from General Mills’ (GIS) Q1 2025 earnings report
Shares of General Mills, Inc. (NYSE: GIS) gained over 1% on Wednesday after the company’s announcement of its first quarter 2025 earnings results. Revenue came in line with estimates while
GIS Earnings: All you need to know about General Mills’ Q1 2025 earnings results
General Mills, Inc. (NYSE: GIS) reported its first quarter 2025 earnings results today. Net sales decreased 1% year-over-year to $4.8 billion. Organic sales were down 1%. Net earnings attributable to
