PPL Corp. sees 2025 EPS $1.75-$1.87, consensus $1.83

Extended its 6% to 8% annual EPS and dividend growth targets through at least 2028, with EPS growth expected to be in the top half of the targeted range. The company’s projected EPS growth is based off the 2025 forecast midpoint of $1.81 per share. Increased planned infrastructure investments to $20B from 2025 through 2028 vs. prior plan of $14.3B from 2024 to 2027. These investments are expected to result in 9.8% average annual rate base growth through 2028, up from 6.3% over the prior plan period. The company is targeting $4.3B in infrastructure investments in 2025.