PPL Corp (PPL) stock
Close on Oct 30, 2026Market cap $27.00BP/E 21.1Yield 3.06%
Earnings
PPL's quarterly results as reported in its earnings releases, with the company's own outlook. Hover a number to see the sentence it came from.
Quarterly results
Revenue and earnings per share from each of PPL's earnings releases, newest first
| Quarter | Reported | Revenue | YoY | EPS | Adj. EPS | Source |
|---|---|---|---|---|---|---|
| Q3 FY2026ended Sep 30, 2026 | Nov 4, 2026Expected | – | – | – | – | – |
| Q2 FY2026ended Jun 30, 2026 | Aug 7, 2026before the open | $2.11B | +4.2% | $0.30 | $0.33 | Release |
| Q1 FY2026ended Mar 31, 2026 | May 8, 2026before the open | $2.77B | – | $0.60 | $0.63 | Release |
| Q4 FY2025ended Dec 31, 2025 | Feb 20, 2026before the open | $2.27B | – | $0.36 | $0.41 | Release |
| Q3 FY2025ended Sep 30, 2025 | Nov 5, 2025before the open | $2.24B | -2.8% | $0.43 | $0.48 | Release |
| Q2 FY2025ended Jun 30, 2025 | Jul 31, 2025before the open | $2.03B | +7.7% | $0.25 | $0.32 | Release |
| Q1 FY2025ended Mar 31, 2025 | Apr 30, 2025before the open | – | – | – | – | Release |
| Q4 FY2024ended Dec 31, 2024 | Feb 13, 2025before the open | – | – | – | – | Release |
| Q2 FY2024ended Jun 30, 2024 | Aug 2, 2024before the open | $1.88B | +3.2% | $0.26 | $0.38 | Release |
| Q3 FY2024ended Mar 31, 2024 | May 1, 2024before the open | $2.30B | – | $0.42 | $0.54 | Release |
| Q4 FY2023ended Dec 31, 2023 | Feb 16, 2024before the open | $2.03B | -11.3% | $0.15 | $0.40 | Release |
| Q2 FY2023ended Jun 30, 2023 | Aug 4, 2023before the open | $1.82B | +7.5% | $0.15 | $0.29 | Release |
| Q1 FY2023ended Mar 31, 2023 | May 4, 2023before the open | $2.42B | +35.5% | $0.39 | $0.48 | Release |
| Q4 FY2022ended Dec 31, 2022 | Feb 17, 2023before the open | $2.29B | – | $0.26 | $0.28 | Release |
| Q3 FY2022ended Sep 30, 2022 | Nov 4, 2022before the open | $2.13B | +41.1% | $0.24 | $0.41 | Release |
| Q2 FY2022ended Jun 30, 2022 | Aug 3, 2022before the open | $1.70B | – | $0.16 | $0.30 | Release |
| Q1 FY2022ended Mar 31, 2022 | May 5, 2022before the open | $1.78B | – | $0.37 | $0.41 | Release |
| Q3 FY2021ended Sep 30, 2021 | Nov 4, 2021before the open | $1.51B | – | $0.27 | $0.36 | Release |
| Q2 FY2021ended Jun 30, 2021 | Aug 5, 2021before the open | – | – | – | – | Filing |
| Q1 FY2021ended Mar 31, 2021 | May 6, 2021before the open | – | – | – | – | Filing |
| Q4 FY2020ended Dec 31, 2020 | Feb 18, 2021before the open | $1.93B | – | $0.38 | $0.59 | Release |
| Q3 FY2020ended Sep 30, 2020 | Nov 5, 2020before the open | – | – | – | – | Filing |
| Q2 FY2020ended Jun 30, 2020 | Aug 10, 2020before the open | – | – | – | – | Filing |
| Q1 FY2020ended Mar 31, 2020 | May 8, 2020during market hours | – | – | – | – | Filing |
| Q4 FY2019ended Dec 31, 2019 | Feb 14, 2020before the open | – | – | – | – | Release |
| Q3 FY2019ended Sep 30, 2019 | Nov 5, 2019before the open | – | – | – | – | Filing |
Figures as first announced; later restatements appear under Financials. Expected dates are estimated from the company's past reporting pattern.
Current guidance
PPL's latest outlook for periods it has not reported yet, compared with what it said before
| Metric | Period | Guidance | Before | Change | Given |
|---|---|---|---|---|---|
| ongoing earnings forecastnon-GAAP | FY2026 | $1.90 – $1.98 | $1.90 – $1.98 | Reaffirmed | Aug 7, 2026 |
| infrastructure investments | FY2026 | $5.10B | – | New | Feb 20, 2026 |
| annual earnings and dividend growth | FY2027 | +6% – +8% | – | New | Aug 2, 2024 |
| annual earnings per share (EPS) and dividend growth | FY2028 | +6% – +8% | – | New | Apr 30, 2025 |
| annual EPS growth targetnon-GAAP | FY2028 | +6% – +8% | – | New | Feb 13, 2025 |
| planned infrastructure investments | FY2028 | $20.00B | – | New | Feb 13, 2025 |
| annual earnings per share (EPS) and dividend growth targets | FY2028 | +6% – +8% | – | Reaffirmed | Nov 5, 2025 |
| annual EPS and dividend growth targets | FY2028 | +6% – +8% | – | New | Jul 31, 2025 |
| average annual rate base growth | FY2028 | +9.8% | – | New | Feb 13, 2025 |
| equity needs | FY2028 | $2.50B | – | New | Feb 13, 2025 |
| Funds from Operations (FFO)/Cash Flow from Operations (CFO) to debt ratio | FY2028 | 16% – 18% | – | New | Feb 13, 2025 |
| annual EPS growth target | FY2029 | +6% – +8% | +6% – +8% | Reaffirmed | Aug 7, 2026 |
| annual EPS growth targetnon-GAAP | FY2029 | +6% – +8% | – | New | Feb 20, 2026 |
| projected infrastructure investments | FY2029 | $23.00B | – | New | Feb 20, 2026 |
| average annual rate base growth | FY2029 | +10.3% | – | New | Feb 20, 2026 |
| equity needs | FY2029 | $3.00B | – | New | Feb 20, 2026 |
Guidance history
Every forecast PPL put in an earnings release, newest first
| Given | Metric | Period | Guidance | Change |
|---|---|---|---|---|
| Aug 7, 2026 | annual EPS growth target | FY2029 | +6% – +8% | Reaffirmed |
| Aug 7, 2026 | ongoing earnings forecast | FY2026 | $1.90 – $1.98 | Reaffirmed |
| May 8, 2026 | ongoing earnings forecast | FY2026 | $1.90 – $1.98 | Reaffirmed |
| May 8, 2026 | annual earnings-per-share (EPS) growth | FY2029 | +6% – +8% | New |
| Feb 20, 2026 | infrastructure investments | FY2026 | $5.10B | New |
| Feb 20, 2026 | projected infrastructure investments | FY2029 | $23.00B | New |
| Feb 20, 2026 | earnings forecast | FY2026 | $1.90 – $1.98 | New |
| Feb 20, 2026 | annual EPS growth target | FY2029 | +6% – +8% | New |
| Feb 20, 2026 | Funds from Operations (FFO)/Cash Flow from Operations (CFO) to debt ratio | throughout its updated plan period | 16% – 18% | – |
| Feb 20, 2026 | average annual rate base growth | FY2029 | +10.3% | New |
| Feb 20, 2026 | equity needs | FY2029 | $3.00B | New |
| Feb 20, 2026 | annual dividend growth | updated business plan | +4% – +6% | – |
| Nov 5, 2025 | earnings from ongoing operations forecast | FY2025 | $1.78 – $1.84 | Narrowed |
| Nov 5, 2025 | Estimate of Reported Earnings | FY2025 | $1.61 – $1.67 | New |
| Nov 5, 2025 | annual earnings per share (EPS) and dividend growth targets | FY2028 | +6% – +8% | Reaffirmed |
| Jul 31, 2025 | ongoing earnings forecast range | FY2025 | $1.75 – $1.87 | New |
| Jul 31, 2025 | annual EPS and dividend growth targets | FY2028 | +6% – +8% | New |
| Apr 30, 2025 | ongoing earnings forecast range | FY2025 | $1.75 – $1.87 | Reaffirmed |
| Apr 30, 2025 | annual earnings per share (EPS) and dividend growth | FY2028 | +6% – +8% | New |
| Feb 13, 2025 | infrastructure investments | FY2025 | $4.30B | New |
| Feb 13, 2025 | planned infrastructure investments | FY2028 | $20.00B | New |
| Feb 13, 2025 | earnings forecast | FY2025 | $1.75 – $1.87 | New |
| Feb 13, 2025 | annual EPS growth target | FY2028 | +6% – +8% | New |
| Feb 13, 2025 | cumulative, annual O&M efficiencies | FY2025 | $150.00M | New |
| Feb 13, 2025 | Funds from Operations (FFO)/Cash Flow from Operations (CFO) to debt ratio | FY2028 | 16% – 18% | New |
| Feb 13, 2025 | average annual rate base growth | FY2028 | +9.8% | New |
| Feb 13, 2025 | equity needs | FY2028 | $2.50B | New |
| Aug 2, 2024 | earnings from ongoing operations | FY2024 | $1.63 – $1.75 | Reaffirmed |
| Aug 2, 2024 | annual earnings and dividend growth | FY2027 | +6% – +8% | New |
| May 1, 2024 | earnings from ongoing operations | FY2024 | $1.63 – $1.75 | Reaffirmed |
| Feb 16, 2024 | earnings forecast range | FY2024 | $1.63 – $1.75 | New |
| Aug 4, 2023 | ongoing earnings forecast | FY2023 | $1.50 – $1.65 | Reaffirmed |
| May 4, 2023 | earnings from ongoing operations | FY2023 | $1.50 – $1.65 | Reaffirmed |
| Feb 17, 2023 | earnings forecast | FY2023 | $1.50 – $1.65 | New |
| Nov 4, 2022 | earnings from ongoing operations | FY2022 | $1.35 – $1.45 | Raised |
| Aug 3, 2022 | earnings from ongoing operations | FY2022 | $1.30 – $1.45 | New |
Read from the company's earnings releases; each figure links to its sentence on hover. “Raised” and “Lowered” compare with the previous range for the same metric and period.
Press releases
Releases PPL filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Update
- News
- Results
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- Results
- Update
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- Results
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- Update
- Results
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