PPL ( (PPL) ) just unveiled an update.
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PPL Corporation has announced its third-quarter 2024 financial results, reporting earnings of $0.29 per share compared to $0.31 in the same period last year. Despite a slight decrease in quarterly earnings, ongoing operations earnings were $0.42 per share, and the company has adjusted its 2024 earnings forecast to a range of $1.67 to $1.73 per share. PPL reaffirms its commitment to a 6% to 8% annual earnings and dividend growth through 2027, driven by a robust investment plan and strategic savings initiatives, including a $3 billion infrastructure improvement to enhance grid resilience.
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