PPL Corp. reports Q3 ongoing EPS 42c, consensus 39c

Reports Q3 revenue $2.07B, consensus $2.11B. “Based on our strong year-to-date financial performance and continued execution of our business plan, we’ve narrowed our 2024 ongoing earnings forecast range,” said CEO Vincent Sorgi. “As we work to close out the year, we are firmly on track to achieve our 2024 priorities,” said Sorgi. “This includes investing more than $3B in infrastructure improvements to make the grid more resilient to future storms and advance a safe, reliable, affordable and cleaner energy future. In addition, it includes achieving our targeted O&M savings to keep energy affordable for our customers.”